Tom Hopkins Foundation

Analysis

Tom Hopkins Foundation is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in June 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 publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Tom Hopkins Foundation reported income of $161k and spending of $185k, spending 115% of what it took in. Across the 2 years on record, from December 2022 to December 2023, income fell from $199k to $161k (-19%), an average of -19% a year. The sharpest change came in the year to December 2023, when income dropped by 19%. Over the whole period it spent 82% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Tom Hopkins Foundation sits at the 37th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 49th percentile within IL. Charities of a similar size with the same main cause include Serenity Foundation LLC ($161k), Amador Stars ($161k) and Cushings Support and Research Foundation Incorporated ($161k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $155k against liabilities of $0, net assets of $155k.