Hinsdale Hospital Foundation

Analysis

Hinsdale Hospital Foundation is a registered charity in United States, based in Hinsdale, IL. It received its IRS tax-exemption ruling in April 1947, 79 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 December 2023, Hinsdale Hospital Foundation reported income of $1.1m and spending of $832k, leaving 27% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.1m to $1.1m (+2.8%), an average of +0.7% a year. The sharpest change came in the year to December 2021, when income rose by 58%. Over the whole period it spent 102% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Hinsdale Hospital Foundation sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 80th percentile within IL. Charities of a similar size with the same main cause include Hemophilia Foundation of Greater Florida Inc ($1.1m), Malta House of Care Inc ($1.1m) and Tcig Inc ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 14% and program service revenue 81% of the total. At year end it held assets of $12.3m against liabilities of $28k, net assets of $12.3m.