Whidbey Island Hospital Foundation

Analysis

Whidbey Island Hospital Foundation is a registered charity in United States, based in Coupeville, WA. It received its IRS tax-exemption ruling in September 1981, 45 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, Whidbey Island Hospital Foundation reported income of $1.0m and spending of $1.6m, spending 157% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $445k to $1.0m (+132%), an average of +23% a year. The sharpest change came in the year to December 2020, when income rose by 113%. Over the whole period it spent 114% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Whidbey Island Hospital Foundation sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 79th percentile within WA. Charities of a similar size with the same main cause include Pire California Inc ($1.0m), Ebenezer Society Foundation ($1.0m) and New Mexico Primary Care Training Consortium ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 80% of the total. At year end it held assets of $2.0m against liabilities of $22k, net assets of $1.9m.