Tracy Hospital Foundation

Analysis

Tracy Hospital Foundation is a registered charity in United States, based in Sacramento, CA. It received its IRS tax-exemption ruling in June 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 under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Tracy Hospital Foundation reported income of $1.3m and spending of $935k, leaving 27% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.8m to $1.3m (-54%), an average of -18% a year. The sharpest change came in the year to December 2022, when income dropped by 53%. Over the whole period it spent 39% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Tracy Hospital Foundation sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 83rd percentile within CA. Charities of a similar size with the same main cause include Dare U to Care Outreach Ministry ($1.3m), Commongood Medical ($1.3m) and Arizona Hemophilia Association Inc ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 43% and program service revenue 23% of the total. Other salaries and wages came to $64k. At year end it held assets of $21.5m against liabilities of $274k, net assets of $21.2m.