Founders of Doctors Hospital Inc

Analysis

Founders of Doctors Hospital Inc is a registered charity in United States, based in Tulsa, OK. It received its IRS tax-exemption ruling in June 1964, 62 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Founders of Doctors Hospital Inc reported income of $1.3m and spending of $1.8m, spending 138% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $1.7m to $1.3m (-23%), an average of -6.3% a year. The sharpest change came in the year to September 2020, when income dropped by 112%. Over the whole period it spent 138% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Founders of Doctors Hospital Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 83rd percentile within OK. Charities of a similar size with the same main cause include New England Pga Foundation Inc ($1.3m), Marcum Foundation Inc ($1.3m) and Kansas Association of Community Foundations ($1.3m).

Compensation of current officers, directors and key employees was $370k (21% of expenses). Other salaries and wages came to $60k. At year end it held assets of $36.0m against liabilities of $24k, net assets of $36.0m. It reported 1 employees.