Gothic Hsp Corporation
100% goes to programs $0 to raise $100 Strong reserves Declining revenue
Gothic Hsp Corporation is a 501(c)(3) organization based in Durham, North Carolina, registered in 2010, with $490,205,782 in FY2023 revenue. CharityIndex grades it C+, and it directs about 100% of spending to programs.
280 S Mangum St Ste 210, Durham, NC, 27701 EIN 27-1325761 Since 2010
Revenue (FY2023)
$490.2M
▲ 8.5% vs prior year
Health median: $840K
Expenses (FY2023)
$650.1M
Net assets
$2.5B
Employees
0
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C+
A+Program efficiency40% of the rating100% to programs · $0 to raise $100
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. For Gothic Hsp Corporation: 100% to programs · $0 to raise $100 earns a A+ on this criterion. See the exact thresholds →
DFinancial health25% of the rating46 mo reserves · -33% margin
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 Gothic Hsp Corporation: 46 mo reserves · -33% margin earns a D on this criterion. See the exact thresholds →
DGovernance25% of the rating1 of 6 checks met
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. For Gothic Hsp Corporation: 1 of 6 checks met earns a D on this criterion. See the exact thresholds →
ATransparency10% of the rating4 of 5 disclosure signals
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 Gothic Hsp Corporation: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Mission
See schedule o for organization's mission statement
Contact & location
- Address
- 280 S Mangum St Ste 210, Durham, NC, 27701
- City
- Durham
- State
- North Carolina
- Category
- Health Care
- Subcategory
- Support Foundations & Fundraising
- Phone
- …
- Website
- …
Financial trends
Revenue declined from $772.1M (FY2016) to $490.2M (FY2023) across 8 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $2.6MNet assets $2.5B
Operating margin
-32.6%
Spent more than it raised in the latest fiscal year.
Total assets
$2.5B
Total liabilities
$2.6M
Net assets
$2.5B
Salaries & benefits
$0
0% of expenses
Board members
3
0 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $490,205,782▲8.5% | $650,077,288▲17.3% | $2,485,515,444▼5.8% | $2,488,099,093▼5.8% | 990 |
| 2022 | $451,926,872▼38.1% | $554,368,228▲15.2% | $2,639,015,685▼3.9% | $2,641,302,080▼3.8% | 990 |
| 2021 | $730,166,668▼38.9% | $481,183,436▼41.1% | $2,745,698,604▲8.2% | $2,746,223,752▲8.2% | 990 |
| 2020 | $1,194,394,332▲113% | $817,096,593▲70.4% | $2,537,177,274▲9.4% | $2,537,177,274▲9.4% | 990 |
| 2019 | $559,961,152▼20.9% | $479,379,360▼12.7% | $2,319,523,093▲2.6% | $2,319,968,179▲2.6% | 990 |
| 2018 | $707,809,161▼11.0% | $549,354,631▲26.7% | $2,261,385,336▲8.5% | $2,261,651,722▲8.5% | 990 |
| 2017 | $795,696,305▲3.1% | $433,575,328▲0.5% | $2,084,637,298▲29.2% | $2,084,637,298▲29.2% | 990 |
| 2016 | $772,063,747 | $431,550,111 | $1,613,358,627 | $1,613,358,627 | 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.
Leadership & compensation (FY2023)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Jannine M Lall | Director/treasurer | 0.1 | — |
| Neal F Triplett | Director/president | 0.1 | — |
| Robert Mcgrail | Director/secretary | 0.1 | — |
Grants made · $508.3M in FY2023
1 grant totaling $508.3M in FY2023. All grants made by Gothic Hsp Corporation →
| Recipient | Purpose | Amount |
|---|---|---|
| Duke University Health System Inc | Support | $508,279,777 |
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Compare Gothic Hsp Corporation
Frequently asked questions
- Is Gothic Hsp Corporation a legitimate nonprofit?
- Yes. Gothic Hsp Corporation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 27-1325761, based in Durham, North Carolina. Donations are tax-deductible.
- What is Gothic Hsp Corporation's EIN?
- Gothic Hsp Corporation's Employer Identification Number (EIN) is 27-1325761.
- How much revenue does Gothic Hsp Corporation report?
- Gothic Hsp Corporation reported $490,205,782 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Gothic Hsp Corporation's spending goes to programs?
- Gothic Hsp Corporation spends about 100% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Gothic Hsp Corporation have?
- CharityIndex grades Gothic Hsp Corporation C+, based on program efficiency and fundraising cost.
- How much does Gothic Hsp Corporation's highest-paid employee make?
- The highest reported compensation on Gothic Hsp Corporation's latest Form 990 is $0, paid to Jannine M Lall (Director/treasurer).
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Data for Gothic Hsp Corporation (EIN 27-1325761) 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.