KSB Hospital Foundation

Analysis

KSB Hospital Foundation is a registered charity in United States, based in Dixon, IL. It received its IRS tax-exemption ruling in September 2019, 7 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 i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, KSB Hospital Foundation reported income of $458k and spending of $238k, leaving 48% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income grew from $373k to $458k (+23%), an average of +11% a year. The sharpest change came in the year to December 2023, when income rose by 28%. Over the whole period it spent 35% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, KSB Hospital Foundation sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 69th percentile within IL. Charities of a similar size with the same main cause include Broward Health Medical Center Auxiliary of Fort Lauderdale Flori ($458k), Southern Nursing Research Society ($458k) and Tra Medical Imaging Foundation ($458k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 82% and program service revenue 0.0% of the total. Other salaries and wages came to $65k. At year end it held assets of $809k against liabilities of $0, net assets of $809k.