Peacehealth Sacred Heart Medical Center Foundation

Analysis

Peacehealth Sacred Heart Medical Center Foundation is a registered charity in United States, based in Eugene, OR. It received its IRS tax-exemption ruling in July 1964, 62 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 June 2023, Peacehealth Sacred Heart Medical Center Foundation reported income of $5.3m and spending of $4.5m, spending 84% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $2.0m to $5.3m (+167%), an average of +39% a year. The sharpest change came in the year to June 2021, when income rose by 78%. Over the whole period it spent 158% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Peacehealth Sacred Heart Medical Center Foundation sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within OR. Charities of a similar size with the same main cause include McLaren Northern Michigan Foundatio N ($5.3m), Mitchells Place Inc ($5.3m) and Brownsville Medical Center Inc ($5.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 96% of the total. At year end it held assets of $29.4m against liabilities of $93k, net assets of $29.3m.