The Huntsville Hospital Foundation Inc

Analysis

The Huntsville Hospital Foundation Inc is a registered charity in United States, based in Huntsville, AL. It received its IRS tax-exemption ruling in September 1978, 48 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 June 2024, The Huntsville Hospital Foundation Inc reported income of $6.9m and spending of $6.8m, spending 98% of its income. Across the 6 years on record, from June 2019 to June 2024, income fell from $7.0m to $6.9m (-0.6%), an average of -0.1% a year. The sharpest change came in the year to June 2023, when income rose by 74%. Over the whole period it spent 76% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, The Huntsville Hospital Foundation Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 96th percentile within AL. Charities of a similar size with the same main cause include National Scleroderma Foundation ($6.9m), Adams County Health Center Inc ($6.9m) and Helping Hands Re-Entry Outreach Centers ($6.9m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 75% of the total. It paid $163k in professional fundraising fees. At year end it held assets of $50.9m against liabilities of $39k, net assets of $50.8m.