Health Care
(E22I)
IRS Verified
DX Registered
990 on File
CENTRASTATE HEALTHCARE FOUNDATION
Financial strength (30%)
74/100
Reliability (20%)
55/100
Effectiveness (25%)
78/100
Impact (25%)
50/100
CharityAI™ Score
Not yet evaluated
Mission Statement
To inspire broad based philanthropic support from the region to advance exceptional healthcare at CentraState Healthcare System. Since our incorporation in 1981, our mission has been to serve as the link between CentraState Healthcare System and the community. Through our volunteer and contribution opportunities, the Foundation offers residents and businesses a way to become stakeholders in their hospital. Since we have no shareholders or other ownership interests, we are a true partner with the community.
Financial Overview — FY 2023
$8.6M
Total Revenue
$7.4M
Total Expenses
$20.4M
Net Assets
0
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
81.7%
Fundraising Efficiency
308.5%
Operating Reserve
32.89x
Liability-to-Asset
3.6%
Revenue Diversification
94.4%
Executive Compensation
$0
Compared with Peers
FY 2023
Compared with 4,434 similar organizations
(United States, Health Care, $1M–$10M in expenses), FY 2023.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
81.7% | 84.9% |
P10P90
|
Below median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
5.7% | 11.8% |
P10P90
|
Top quarter |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
12.7% | 0.0% |
P10P90
|
Bottom quarter |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
308.5% | 125.2% |
P10P90
|
Below median |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
32.9 mo | 9.7 mo |
P10P90
|
Top quarter |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
3.6% | 14.7% |
P10P90
|
Above median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
94.4% | 91.3% |
P10P90
|
Below median |
|
Revenue growth
Year over year revenue growth
|
27.2% | 5.6% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
33.0% | 9.2% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
13.3% | 1.3% |
P10P90
|
Impact
1 program| Outcome / Program | People Served | Cost / Service | # Completed | Duration |
|---|---|---|---|---|
| scholarships to continue or begin their journey in the medical field at a college of their choice | 90 | $1,000.00 | — | Per Year |
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $8.6M | $7.4M | $20.4M | 81.7% | 0 |
| 2022 | $6.7M | $5.6M | $17.7M | 78.2% | 0 |
| 2021 | $3.0M | $2.9M | N/A | — | 0 |
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