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Minnesota · Nonprofit

WORTHINGTON REGIONAL HEALTH CARE FOUNDATION INC

WORTHINGTON REGIONAL HEALTH CARE FOUNDATION INC (Minnesota) receives grants from 3 organizations whose IRS filings report $23,037 to it, the largest being ROBERT AND PATRICIA LUDLOW FAMILY FOUNDATION ($13,000). 2 of them have funded it in more than one year.

Revenue FY2024
$1.4M
Funders on record
3
Grants received
$23k
Net assets
$7.3M
2/3 repeat funderspeak grant-dependency 4%
01What it does

What Worthington Regional Health Care Foundation Inc does

Mission

The corporation is formed exclusively for charitable and educational purposes, and in connection therewith, exclusively for the health, wellness and education of the residents of worthington and surrounding communities.

As stated on its FY2024 Form 990.

Programs

  1. Grant allocations are made exclusively to entities in the worthington region for their health, wellness, education, equipment and capital needs. These entities strive to improve the delivery of health care services to persons in the related service area.

    $383,573 spentof which $277,979 as grants$261,218 earned by the program
    93% of program spending
  2. Scholarships are awarded to individuals entering/seeking advancement in the health care field. Applicants are determined through their affiliation with the worthington area and enrollment in a program defined to benefit the individual for the advancement in his/her health care profession. 20,500 scholarships were awarded in the current year.

    $29,086 spentof which $20,500 as grants
    7% of program spending

The 2 programs described on its FY2025 Form 990, listed largest first by expense. Program spending in total: $412,659.

02The organization over time

The organization over time

Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.

100 = 20172017 Revenue 100 ($296k) Expenses 100 ($379k) Net assets 100 ($6.1M)2018 Revenue 160 ($474k) Expenses 136 ($518k) Net assets 95 ($5.8M)2019 Revenue 155 ($459k) Expenses 107 ($407k) Net assets 104 ($6.4M)2020 Revenue 187 ($554k) Expenses 162 ($616k) Net assets 112 ($6.8M)2021 Revenue 272 ($805k) Expenses 123 ($468k) Net assets 122 ($7.5M)2022 Revenue 141 ($416k) Expenses 150 ($569k) Net assets 102 ($6.2M)2023 Revenue 214 ($632k) Expenses 194 ($734k) Net assets 108 ($6.6M)2024 Revenue 490 ($1.4M) Expenses 203 ($769k) Net assets 120 ($7.3M)
'17'18'19'20'21'22'23'24
Revenue (490)Expenses (203)Net assets (120)Peer revenue range

Balance sheet

Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2021 to 2022, from $7.5M to $6.3M (−16%).

$6.1M
$5.8M
$6.4M
$6.8M
$7.5M
$6.3M
$6.6M
$7.5M
'17'18'19'20'21'22'23'24
Total assetsTotal liabilities

How it's funded, over time

Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.

2017
2018
2019
2020
2021
2022
2023
2024
ContributionsProgram revenueInvestmentOther

Government-grant reliance: 2020 4% · 2021 2%. Grants only. Government contracts and fees sit inside program revenue.

60% of WORTHINGTON REGIONAL HEALTH CARE FOUNDATION INC’s revenue is contributions — about as donation-reliant as the typical peer (82% for the typical peer).

This organization
Typical peer · 3,052 orgs

Surplus & reserves

Operating surplus or deficit each year, and months of liquidity in hand. 5 of the last 8 reported years ran a deficit.

−$84k
’17
−$43k
’18
$52k
’19
−$63k
’20
$337k
’21
−$153k
’22
−$102k
’23
$681k
’24
3.2
months of
reserve

Leadership and staff

The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.

Board chair

Joe Anderson

Chair

As listed on its FY2025 Form 990.

'17'18'19'20'21'22'23'24
Listed109999999
Joined·+0+3+1+2+2+2+0
No longer listed·1312220
03Who funds it

Who funds it, year by year

2020 → 2023: the base narrowed from 3 funders to 1 funder, grant income fell $20k → $16.

2 of 3 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 44% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.

From the IRS filings of WORTHINGTON REGIONAL HEALTH CARE FOUNDATION INC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

How concentrated its funding is

WORTHINGTON REGIONAL HEALTH CARE FOUNDATION INC leans on a few funders — its largest provides 56% of grant income and the top three 100%; half comes from just 1 funder.

the vertical line marks half of all grant income — 1 funder to its left

44% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund WORTHINGTON REGIONAL HEALTH CARE FOUNDATION INC.

56%
largest funder
100%
top three
~2
effective funders

Largest funder’s share by year: 2020 50% · 2021 100% · 2022 100% · 2023 100% — growing more concentrated.

“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

Where its funders are

100% of WORTHINGTON REGIONAL HEALTH CARE FOUNDATION INC's grant income comes from Minnesota funders.

MN

In-state vs out-of-state, by year

’20
’22
Minnesota out of state home

Funder states come from each funder’s own filing. $10k arriving through sponsors registered in 2 states is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.

04Its place in the field

Against its field

WORTHINGTON REGIONAL HEALTH CARE FOUNDATION INC runs a healthier operating margin than three-quarters of the 2,910 philanthropy nonprofits its size.

Operating margin47% · top quartile
Months of reserve3.2mo · below the median
Revenue growth (annualized)25% · top quartile

this organization peer median middle 50% of peers· 2,910 philanthropy nonprofits $1M–$10M, FY2024

Organizations like WORTHINGTON REGIONAL HEALTH CARE FOUNDATION INC

Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.

In Minnesota

Nationally

05Profile & governance

Read directly from this organization’s own Form 990, as neutral context.

Where the money goes

89% of spending goes to programs.

Program 89%Management 11%Fundraising 0%

Governance

9
board members
100%
independent
✓Conflict-of-interest policy✓Whistleblower policy✓Document retention✓Board reviewed the 990–Audited financials

Public support

52%

Share of support from the public (Schedule A) — the basis for its public-charity status.

Footprint & structure

Files a return copy in 1 state

MN

Screen this organization

A dated, signed PDF of the compliance screen for WORTHINGTON REGIONAL HEALTH CARE FOUNDATION INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.

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Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf

Questions and answers

Who funds WORTHINGTON REGIONAL HEALTH CARE FOUNDATION INC?
WORTHINGTON REGIONAL HEALTH CARE FOUNDATION INC (Minnesota) receives grants from 3 organizations whose IRS filings report $23,037 to it, the largest being ROBERT AND PATRICIA LUDLOW FAMILY FOUNDATION ($13,000). 2 of them have funded it in more than one year.
How many funders does WORTHINGTON REGIONAL HEALTH CARE FOUNDATION INC have?
IRS filings report 3 organizations giving $23,037 in grants to WORTHINGTON REGIONAL HEALTH CARE FOUNDATION INC, 2 of which have funded it in more than one year.
Who is the largest funder of WORTHINGTON REGIONAL HEALTH CARE FOUNDATION INC?
ROBERT AND PATRICIA LUDLOW FAMILY FOUNDATION is the largest funder on record, with $13,000 in grants. The full list of funders is on this page.
How can an organization like WORTHINGTON REGIONAL HEALTH CARE FOUNDATION INC find more funders?
Start with the funders already giving here, then look at the foundations that back similar organizations in Minnesota. The funding by cause and by state pages list the largest funders for a given area and how to approach them.

These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2024 (financials across 2017–2024), and the filings of 3 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing