Indiana Healthcare Foundation
Public records show a registered, tax-exempt organization in good standing.
Points to look into
- Raising each dollar of donations cost 51 cents.
These come from the organization's own tax return. There may be a good explanation; ask the charity.
What it says it does
TO ADVANCE HEALTHCARE THROUGH PHILANTHROPY, INNOVATION, EDUCATION, AND ADVOCACY.
- Income
- $1.3 million
- Spending
- $666,499
- Reserves
- 86.2 months of spending
- Largest source of income
- donations and private grants, 77%
- Employees
- 4
- Volunteers
- 15
- Highest pay
- $1.1 million, president & ceo & board member
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Good: 88 out of 100. Higher than 72% of charities in its peer group (health care, $1m to $10m).
Reserves
35 of 35Spendable reserves would cover 86.2 months of spending.
Debt
20 of 20It owes 8% of what it owns.
Living within its means
15 of 15Income exceeded spending by 50% of income.
Income trend
5 of 15Income fell 23% on the year before.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Strong: 95 out of 100. Higher than 58% of charities in its peer group (health care, $1m to $10m).
Independent board
25 of 258 of 10 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
0 of 5Reports no independent review process for its chief executive's pay.
Independent check of accounts
15 of 15Its accounts were audited by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (1)
- INDIANA HEALTHCARE FOUNDATION ("IHF") CONDUCTS FUNDRAISING ACTIVITIES, SUCH AS THE COLUMBUS DAY GOLF OUTING, LOVE OF LIFE GALA AND RELAY, AND TEDDY BEAR FUND DRIVE TO SUPPORT THE FUNCTIONS AND FACILITIES OF INDIANA REGIONAL MEDICAL CENTER ("IRMC"). IHF ALSO MAINTAINS FUNDS TO ASSIST PROSPECTIVE STUDENTS OF THE MEDICAL FIELD THROUGH THE PREMED SUMMER INTERNSHIP PROGRAM, PROVIDE NECESSARY SUPPLIES FOR WOMEN'S IMAGING DEPARTMENT AND BIRDIE'S CLOSET, ASSIST THE ONCOLOGY DEPARTMENT, SUPPORT THE NEW BEHAVIORAL HEALTH FACILITY CURRENTLY UNDER CONSTRUCTION, AS WELL AS OTHER FUNDS TO SUPPORT VARIOUS DEPARTMENTS OF IRMC. AS A WAY OF SUPPORTING IRMC'S MISSION, IHF RECENTLY PURCHASED 2 NEW TRANSPORT VANS FOR PATIENTS AND HAS SUBSIDIZED THE DA VINCI SURGICAL ROBOT FOR THE OR IN PAST YEARS.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending June 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since January 1989.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.
Could it be confused with another charity? Worth knowing.
A much larger organization has a similar name: AIDS Healthcare Foundation (Los Angeles, CA), EIN 95-4112121. If that is the one you meant, check the EIN before giving.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.