Marin General Hospital Foundation

Analysis

Marin General Hospital Foundation is a registered charity in United States, based in Greenbrae, CA. It received its IRS tax-exemption ruling in June 1966, 60 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, Marin General Hospital Foundation reported income of $7.7m and spending of $5.2m, leaving 32% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $6.5m to $7.7m (+18%), an average of +4.2% a year. The sharpest change came in the year to December 2021, when income rose by 43%. Over the whole period it spent 135% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Marin General Hospital Foundation sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 94th percentile within CA. Charities of a similar size with the same main cause include McLaren Bay Special Care ($7.7m), Capital Area Counseling Service Inc ($7.7m) and Presbyterian Home Care Centers Inc ($7.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. Other salaries and wages came to $211k. It paid $161k in professional fundraising fees. At year end it held assets of $33.9m against liabilities of $940k, net assets of $32.9m.