Coronado Hospital Foundation

Analysis

Coronado Hospital Foundation is a registered charity in United States, based in San Diego, CA. It received its IRS tax-exemption ruling in March 1991, 35 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 September 2023, Coronado Hospital Foundation reported income of $8.0m and spending of $2.6m, leaving 67% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $5.6m to $8.0m (+44%), an average of +9.5% a year. The sharpest change came in the year to September 2021, when income rose by 76%. Over the whole period it spent 58% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Coronado 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 95th percentile within CA. Charities of a similar size with the same main cause include Cleveland Rape Crisis Center ($8.0m), Palacios Community Medical Center ($8.0m) and North Central Florida Health Planning Council Inc ($8.0m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 66% of the total. Compensation of current officers, directors and key employees was $145k (5.5% of expenses). Other salaries and wages came to $362k. At year end it held assets of $34.9m against liabilities of $476k, net assets of $34.5m. It reported 5 employees.