Tulare Hospital Foundation

Analysis

Tulare Hospital Foundation is a registered charity in United States, based in Tulare, CA. It received its IRS tax-exemption ruling in January 1988, 38 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 June 2024, Tulare Hospital Foundation reported income of $80k and spending of $184k, spending 230% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income fell from $311k to $80k (-74%), an average of -29% a year. The sharpest change came in the year to June 2021, when income dropped by 75%. Over the whole period it spent 127% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Tulare Hospital Foundation sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 33rd percentile within CA. Charities of a similar size with the same main cause include Trinity Church Home Board ($80k), Medical Mutual of Ohio Charitable Foundation ($80k) and Isabels Chance ($80k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 128% of the total. At year end it held assets of $884k against liabilities of $2,119, net assets of $882k.

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.