Mount Carmel Health System Foundation
Also known as Mount Carmel Foundation
Mount Carmel Health System Foundation reported $11.7 million in revenue and $9.2 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $69.32 went to program services, $17.14 to management and general costs and $13.54 to fundraising. Its largest source of revenue was investment income: 70.6% of the total. Government grants made up 6.1%. The highest compensation it reported for one person was $1,898,656 (FORMER OFFICER). Revenue rose 87% between FY2020 and FY2025. Source: Form 990, FY2025.
Where $100 of spending went
The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $9.2MFor context, the median across 5,634 covered health care charities: $86.19 programs, $13.81 management, $0.00 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $12MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 69.3% | 85.6% |
| Management & general Part IX 25(C) ÷ 25(A) | 17.1% | 13.7% |
| Fundraising Part IX 25(D) ÷ 25(A) | 13.5% | 0.0% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | $0.38 | $0.00 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 28.3% | 1.3% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 6.1% | 0.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 0.0% | 93.7% |
| Highest reported compensation Part VII-A, columns D–F | $1,898,656 | $975,831 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 20.59% | 1.34% |
| People paid over $100,000 Part VII, line 2 | 0 | 27 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 258.2 | 6.6 |
| Independent voting board members Part VI 1a–1b | 19 of 23 | 88.9% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
FY2025 · Form 990, Part III · the three largest programs by expenseSince 1984, Mount Carmel Health System Foundation (mchs foundation), located in columbus, oh, has served as the fundraising arm of Mount Carmel Health System and its affiliates. Mchs foundation is dedicated to funding the mission-driven health and education programs and services provided through the Mount Carmel Health System. Mchs foundation raised $3,300,689 in fiscal year 2025 from individuals, corporations, private foundations and the federal and state government with assistance from dedicated volunteers and generous friends. These contributions help Mount Carmel Health System to meet the…
Highest reported compensation
FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| FORMER OFFICER Former, 0.00 hrs/week | $0 | $1,593,270 | $305,386 | $1,898,656 |
| DIRECTOR; CARDIOLOGIST Director/trustee, 1.00 hrs/week | $0 | $845,917 | $63,425 | $909,342 |
| DIRECTOR; MOUNT CARMEL CEO Director/trustee, officer, 1.00 hrs/week | $0 | $842,723 | $60,742 | $903,465 |
| MOUNT CARMEL CFO Officer, 1.00 hrs/week | $0 | $549,581 | $33,956 | $583,537 |
| DIRECTOR; PRESIDENT & EXEC DIRECTOR Director/trustee, officer, 50.00 hrs/week | $0 | $514,421 | $50,789 | $565,210 |
| DIRECTOR; PHYSICIAN ADVISOR Director/trustee, 1.00 hrs/week | $0 | $289,263 | $21,792 | $311,055 |
| REGIONAL DIRECTOR, MAJOR GIFTS Highest compensated employee, 45.00 hrs/week | $0 | $200,623 | $50,845 | $251,468 |
| SENIOR DEVELOPMENT OFFICER Highest compensated employee, 45.00 hrs/week | $0 | $102,933 | $40,693 | $143,626 |
0 people received more than $100,000 in reportable compensation from Mount Carmel Health System Foundation (Part VII, line 2). Compensation of current officers, directors and key employees totaled $565K (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b23 · 19 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aNo
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2No
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4No
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bNo
- Employees Part I, line 50
- Volunteers Part I, line 620
Private foundation grants it received
5 private foundations reported grants to Mount Carmel Health System Foundation totaling $133K on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.
Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.
Correct a figure or respond
Every number above is copied from Mount Carmel Health System Foundation's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Mount Carmel Health System Foundation, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 Mount Carmel Health System Foundation spent in FY2025, $69.32 went to programs. The full breakdown, from its IRS Form 990:
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Questions people ask
How much of Mount Carmel Health System Foundation's spending goes to programs?
In the fiscal year ending June 30, 2025, Mount Carmel Health System Foundation reported that 69.3% of its $9.2 million in expenses went to program services, 17.1% to management and general and 13.5% to fundraising (Form 990, Part IX).
How much does Mount Carmel Health System Foundation pay its top executive?
The largest total compensation Mount Carmel Health System Foundation reported for one person in the fiscal year ending June 30, 2025 was $1,898,656, for the role of FORMER OFFICER (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Mount Carmel Health System Foundation get its money?
Of $11.7 million in revenue in the fiscal year ending June 30, 2025, 28.3% came from contributions and grants (including 6.1% from government grants) and 0.0% from program service revenue (Form 990, Part VIII).
Is Mount Carmel Health System Foundation a registered charity?
The IRS lists EIN 31-1113966 as a 501(c)(3) organization (supporting organization (509(a)(3))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202611329349305741 · read the filing · XML
- FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202501349349304110 · read the filing
- FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202401369349307120 · read the filing
- FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202311309349305686 · read the filing
- FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202221369349302112 · read the filing
- FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202101349349302465 · read the filing
All filings for EIN 31-1113966: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.