Mather Foundation
1560 Sherman Ave Ste 1010, Evanston, IL · IRS data through FY2024
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2024 | $66,562,780 | $23,384,787 | $697,103,781 |
| FY2023 | $44,153,743 | $24,274,710 | $628,407,855 |
| FY2022 | $45,714,129 | $25,172,288 | $565,509,448 |
| FY2021 | $59,866,357 | $64,731,163 | $638,421,615 |
| FY2020 | $29,645,522 | $26,914,395 | $588,054,303 |
| FY2019 | $48,757,996 | $29,075,095 | $548,110,694 |
| FY2018 | $27,377,521 | $22,286,129 | $500,205,527 |
| FY2017 | $44,952,969 | $29,652,782 | $523,370,024 |
| FY2016 | $32,680,543 | $22,006,420 | $480,401,057 |
| FY2015 | $26,883,203 | $15,732,604 | $461,554,139 |
| FY2014 | $53,558,640 | $13,570,132 | $474,102,125 |
| FY2013 | $40,354,253 | $16,620,877 | $436,827,506 |
| FY2012 | $29,916,482 | $17,534,054 | $395,795,946 |
| FY2011 | $28,972,123 | $15,944,874 | $364,668,934 |
Form 990 filings
The returns filed by Mather Foundation (EIN 20-1030638), including Form 990 PDFs and e-file data by year, are available in ProPublica's Nonprofit Explorer. The figures on this page come from IRS data files built from those returns.
Where the revenue came from
| Source | Amount | % of revenue |
|---|---|---|
| Contributions & grants | $30,504,740 | 46% |
| Program service revenue | $0 | 0% |
| Other revenue | $36,058,040 | 54% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $16,432,284 | 70% |
| Management & general | $6,952,503 | 30% |
| Fundraising | $0 | 0% |
What the numbers show
- Other revenue made up 54% of total revenue in FY2024.
- Program services accounted for 70% of functional expenses, management & general 30%, and fundraising 0%.
- 70% of functional expenses went to program services in FY2024. That is higher than 10.1% of 188 Health Care organizations in IL.
- Net assets covered about 357.7 months of expenses at the end of the reporting year. That puts it in the 95th percentile among 690 Health Care organizations in IL.
- Total revenue was higher than 86.7% of 708 Health Care organizations in IL.
- Total revenue rose from $28,972,123 in FY2011 to $66,562,780 in FY2024. Revenue increased in 8 and decreased in 5 of 13 year-over-year comparisons.
- Expenses exceeded revenue in 1 of 14 reported years (FY2021).
- Net assets grew from $364,668,934 to $697,103,781 between FY2011 and FY2024.
- Contributions and grants made up 6% of revenue in FY2011 and 46% in FY2024.
- Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (supporting organization, type unspecified).
Figures compared against other organizations of the same NTEE program area in the same state. See the methodology page for how these are calculated and the guide to reading nonprofit financials for their limits.
About this organization
IRS status
| Ruling year | 2004 |
| Subsection | 501(c)(3) |
| Classification | Public charity |
| Program area (NTEE) | E19 — Health Care (in IL) |
| Donations | Listed in the IRS Publication 78 data as eligible to receive tax-deductible contributions (supporting organization, type unspecified). |
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Source: Internal Revenue Service — Exempt Organizations Business Master File (downloaded November 4, 2026), Statistics of Income extracts, Form 990 e-file data, Publication 78 and the Automatic Revocation list. Figures are as reported by the organization; IRS processing may adjust them. This is not a charity rating and not tax advice. Confirm deductibility in IRS Tax Exempt Organization Search.
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