One can estimate the primordial abundance of He using the Planck/WMAP parameters derived from the cosmic microwave background to get the baryon/photon ratio and a standard big-bang nucleosynthesis model. The result can be checked by estimating the He abundance in very low-metallicity galaxies and there is reasonable concordance between the two (see for example Why is hydrogen the most abundant element in the Universe? ).
Next you can estimate how the He mass-fraction $Y$ varies as a function of the increase in metallicity $Z$(elements heavier than He) as the pristine gas is processed through stars. One can also cross-calibrate this with an estimate for the initial He abundance of the Sun and Galactic chemical evolution models (see Serenelli & Basu 2010) to infer that $\Delta Y/\Delta Z \simeq 2$. That is for every (absolute) 1% increase by mass in heavy elements, we deduce an absolute increase of 2% in the He mass fraction.
The current metallicity of the Galactic disk interstellar medium is $Z \sim 0.015$, indicating that the mass fraction of He (in our Galaxy) has increased from about 25% after the big bang, to 28% now. The mass fraction of H has therefore decreased from about 75% after the big bang, to $100-28-1.5 = 70.5$%. In other words a relative fraction of 6% of the initial hydrogen (by mass) has been processed inside stars, been converted into heavier elements and been returned to the ISM. A further $\sim 20-30$% of the hydrogen atoms in our Galaxy are still locked inside (low-mass) stars.
However, we cannot conclude from this that $\sim 30$% of the hydrogen in the universe has been used up or captured in stars. It is estimated that only 10% of hydrogen is actually in stars. The vast majority is expected to exist in the form of ionised protons in the intergalactic or intracluster medium (e.g. see the second slide of this presentation).
In conclusion, about 10% of the H is incorporated into stars and if our Galaxy is a typical residing place for those stars then only a few per cent of the hydrogen has actually been processed into heavier elements.
What happens in the future depends on the (uncertain) future star formation rate. This is already in steep decline in our own Galaxy and in the universe in general. However, if gas continues to cool radiatively and fall into potential wells and is not re-energised by new supernovae explosions, then we might expect it to eventually form stars. The cooling time for hot intracluster gas as sparse as the average H atom density in the universe is about $10^{11}$ years (see here) and this is also about the freefall timescale of a large cluster of galaxies (even larger structures will likely be pulled apart by the accelerating cosmic expansion). After a few of these timescales then it is likely that most hydrogen will have cooled, collapsed and been recycled to heavier elements or incorporated into long-lived low-mass stars.
Most of the stars that are born presently are low-mass, with a median of around $0.3M_\odot$. These have life times of order $10^{12}$ years, so stars are going to be around for a long time after the star formation rate becomes negligible.