Sir Mortimer B Davis Jewish General Hospital Foundation

Analysis

Sir Mortimer B Davis Jewish General Hospital Foundation is a registered charity in United States, based in Canada. It received its IRS tax-exemption ruling in October 2019, 7 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3).

In the financial year ending March 2023, Sir Mortimer B Davis Jewish General Hospital Foundation reported income of $39.6m and spending of $33.5m, spending 85% of its income. Across the 5 years on record, from March 2019 to March 2023, income grew from $26.8m to $39.6m (+48%), an average of +10% a year. The sharpest change came in the year to March 2021, when income rose by 19%. Over the whole period it spent 73% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Sir Mortimer B Davis Jewish General Hospital Foundation sits at the 99th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile. Charities of a similar size with the same main cause include Foundation for Advanced Philanthrophy ($39.3m), We Are Sharing Hope SC ($39.7m) and United Way of Greater Cincinnati ($39.1m).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 74% of the total. Compensation of current officers, directors and key employees was $258k (0.8% of expenses). Other salaries and wages came to $3.7m. At year end it held assets of $223.7m against liabilities of $2.3m, net assets of $221.4m.