Thomas Hospital Foundation Inc

Analysis

Thomas Hospital Foundation Inc is a registered charity in United States, based in Fairhope, AL. It received its IRS tax-exemption ruling in May 1994, 32 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation (type ii) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending March 2023, Thomas Hospital Foundation Inc reported income of $680k and spending of $692k, spending 102% of its income. Across the 4 years on record, from March 2020 to March 2023, income fell from $1.3m to $680k (-46%), an average of -19% a year. The sharpest change came in the year to March 2023, when income dropped by 69%. Over the whole period it spent 62% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Thomas Hospital Foundation 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 75th percentile, and in the 78th percentile within AL. Charities of a similar size with the same main cause include Emergency Services Foundation of Texas Inc ($680k), Everyone Reading Inc ($680k) and Aa Community Pregnancy Center ($679k).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 126% of the total. At year end it held assets of $11.6m against liabilities of $4,457, net assets of $11.6m.