Health Care
(E22I)
IRS Verified
DX Registered
990 on File
CALVERTHEALTH FOUNDATION INC
CharityAI™ Score
Not yet evaluated
Mission Statement
The Foundation's primary goal is to help Calvert Memorial Hospital provide high quality low cost health care. To meet this goal, the foundation organizes major fund raising activities to enhance the financial resources of the hospital.
Financial Overview — FY 2023
$1.1M
Total Revenue
$1.0M
Total Expenses
$6.3M
Net Assets
0
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
98.5%
Fundraising Efficiency
0.3%
Operating Reserve
73.34x
Liability-to-Asset
1.5%
Revenue Diversification
109.9%
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2023 | $1.1M | $1.0M | $6.3M | 98.5% | 0 |
| 2022 | $1.5M | $1.6M | $6.0M | 99.1% | 0 |
| 2021 | $1.3M | $1.1M | N/A | — | 0 |
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