Albany General Hospital Foundation

Analysis

Albany General Hospital Foundation is a registered charity in United States, based in Albany, OR. It received its IRS tax-exemption ruling in January 1979, 47 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, Albany General Hospital Foundation reported income of $529k and spending of $1.1m, spending 200% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.1m to $529k (-54%), an average of -18% a year. The sharpest change came in the year to December 2021, when income rose by 73%. Over the whole period it spent 103% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Albany General Hospital Foundation sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 71st percentile within OR. Charities of a similar size with the same main cause include Assist to Independence ($529k), Sacred Mountain Retreat Center Inc ($529k) and Invisible Wounds Project ($529k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 82% of the total. At year end it held assets of $4.1m against liabilities of $6,982, net assets of $4.1m.