Northeast Hospital Foundation

Analysis

Northeast Hospital Foundation is a registered charity in United States, based in Humble, TX. It received its IRS tax-exemption ruling in June 1987, 39 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 June 2023, Northeast Hospital Foundation reported income of $188k and spending of $220k, spending 117% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $335k to $188k (-44%), an average of -14% a year. The sharpest change came in the year to June 2020, when income rose by 569%. Over the whole period it spent 43% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Northeast Hospital Foundation sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 52nd percentile, and in the 56th percentile within TX. Charities of a similar size with the same main cause include Area Substance & Alcohol Abuse Prevention Coalition Inc ($188k), Charis Pregnancy Help Center Inc ($188k) and Widowed Persons Association of California Inc ($188k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 86% of the total. It paid $49k in professional fundraising fees. At year end it held assets of $2.7m against liabilities of $42k, net assets of $2.6m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.