Redlands Community Hospital Foundation

Analysis

Redlands Community Hospital Foundation is a registered charity in United States, based in Redlands, CA. It received its IRS tax-exemption ruling in April 1980, 46 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 under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Redlands Community Hospital Foundation reported income of $2.0m and spending of $1.2m, leaving 39% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income fell from $2.6m to $2.0m (-23%), an average of -6.3% a year. The sharpest change came in the year to September 2021, when income rose by 51%. Over the whole period it spent 131% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Redlands Community Hospital Foundation sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 87th percentile within CA. Charities of a similar size with the same main cause include Next Harm Reduction Inc ($2.0m), Childrens Hospital at Sinai Foundation Inc ($2.0m) and Interim House Inc ($2.0m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 80% of the total. Compensation of current officers, directors and key employees was $219k (18% of expenses). Other salaries and wages came to $266k. At year end it held assets of $13.8m against liabilities of $125k, net assets of $13.7m. It reported 4 employees.