Danbury Hospital & New Milford Hospital Foundation Inc is a 501(c)(3) organization based in Danbury, Connecticut, registered in 1975, with $25,065,324 in FY2023 revenue. CharityIndex grades it B.
Revenue (FY2023)
$25.1M
▲ 78.4% vs prior year
Health median: $840K
Expenses (FY2023)
$15.6M
Net assets
$187.2M
Employees
—
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Danbury Hospital & New Milford Hospital Foundation Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Danbury Hospital & New Milford Hospital Foundation Inc: 144 mo reserves · +38% margin earns a B+ on this criterion. See the exact thresholds →
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Danbury Hospital & New Milford Hospital Foundation Inc— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Danbury Hospital & New Milford Hospital Foundation Inc: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue declined from $30.7M (FY2019) to $25.1M (FY2023) across 5 reported years.
Financial snapshot
Operating margin
37.6%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$190.4M
Total liabilities
$3.2M
Net assets
$187.2M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $25,065,324▲78.4% | $15,633,730▲1.9% | $187,162,205▲15.8% | $190,361,465▲15.0% | 990 |
| 2022 | $14,046,841▼43.9% | $15,338,542▼20.1% | $161,644,235▲2.9% | $165,513,540▲3.4% | 990 |
| 2021 | $25,041,467▲2.9% | $19,197,916▲44.2% | $157,039,393▼8.8% | $160,086,078▼9.0% | 990 |
| 2020 | $24,324,982▼20.9% | $13,310,221▼4.6% | $172,144,429▲15.3% | $175,854,316▲14.5% | 990 |
| 2019 | $30,746,354 | $13,948,384 | $149,239,368 | $153,538,164 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
80 grants to Danbury Hospital & New Milford Hospital Foundation Inc totaling $4.8M, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Ayco Charitable Foundation | Medical / public services | 2024 | $270,000 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2024 | $150,000 |
| Gs Donor Advised Philanthropy Fund For Wealth Management Inc | Medical / public services | 2024 | $100,000 |
| American Endowment Foundation | Health, general | 2024 | $50,000 |
| Fjc | General operating support | 2024 | $43,000 |
| American Cancer Society Inc | Patient support | 2024 | $30,000 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2024 | $25,000 |
| Charities Aid Foundation America | Charitable donation | 2024 | $17,050 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2024 | $10,000 |
| American Cancer Society Inc | Patient support | 2024 | $10,000 |
| Morgan Stanley Global Impact Funding Trust Inc | Unrestricted general support | 2023 | $120,000 |
| Ayco Charitable Foundation | Medical / public services | 2023 | $115,000 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $93,700 |
| Vanguard Charitable Endowment Program | For recipient's exempt purpose | 2023 | $62,000 |
| American Endowment Foundation | Health, general | 2023 | $50,000 |
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Data for Danbury Hospital & New Milford Hospital Foundation Inc (EIN 23-7425557) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.