Hanover Hospital Foundation

Analysis

Hanover Hospital Foundation is a registered charity in United States, based in Pittsburgh, PA. It received its IRS tax-exemption ruling in September 2018, 8 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 iii other) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Hanover Hospital Foundation reported income of $1.5m and spending of $1.8m, spending 118% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $2.3m to $1.5m (-34%), an average of -9.8% a year. The sharpest change came in the year to June 2021, when income rose by 1013%. Over the whole period it spent 76% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Hanover Hospital Foundation sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 82nd percentile within PA. Charities of a similar size with the same main cause include Tree House Child Advocacy Center of Montgomery County MD Inc ($1.5m), Phils Friends ($1.5m) and Wetzel County Emergency Ambulance Authority Inc ($1.5m).

At year end it held assets of $44.4m against liabilities of $30, net assets of $44.4m.