Dominican Santa Cruz Hospital Foundation

Analysis

Dominican Santa Cruz Hospital Foundation is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in January 1978, 48 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 June 2023, Dominican Santa Cruz Hospital Foundation reported income of $3.0m and spending of $5.1m, spending 171% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $2.9m to $3.0m (+2.3%), an average of +0.6% a year. The sharpest change came in the year to June 2020, when income rose by 132%. Over the whole period it spent 106% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Dominican Santa Cruz Hospital Foundation sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 87th percentile within AZ. Charities of a similar size with the same main cause include Ophthalmology Research Foundation Inc ($3.0m), Institute for Population Health Inc ($3.0m) and Wisconsin Womens Health Foundation Inc ($3.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 87% of the total. It paid $35k in professional fundraising fees. At year end it held assets of $18.9m against liabilities of $4.4m, net assets of $14.5m.