Friends of the Hospital for Sick Children Toronto Inc

Analysis

Friends of the Hospital for Sick Children Toronto Inc is a registered charity in United States, based in Washington, DC. It received its IRS tax-exemption ruling in April 1986, 40 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending March 2024, Friends of the Hospital for Sick Children Toronto Inc reported income of $287k and spending of $325k, spending 113% of what it took in. Across the 4 years on record, from March 2020 to March 2024, income fell from $450k to $287k (-36%), an average of -14% a year. The sharpest change came in the year to March 2024, when income rose by 90%. Over the whole period it spent 102% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Friends of the Hospital for Sick Children Toronto Inc sits at the 59th percentile: it is larger than about 59% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 35th percentile within DC. Charities of a similar size with the same main cause include North Berrien Historical Society ($287k), Cerebral Palsy Adult Activity Center of Camden County Inc ($287k) and William W Thayer Testamentary Trust ($287k).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 98% of the total. At year end it held assets of $7,069 against liabilities of $0, net assets of $7,069.