Boone Hospital Foundation

Analysis

Boone Hospital Foundation is a registered charity in United States, based in Columbia, MO. It received its IRS tax-exemption ruling in November 2002, 24 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Boone Hospital Foundation reported income of $822k and spending of $524k, leaving 36% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $913k to $822k (-9.9%), an average of -2.6% a year. The sharpest change came in the year to December 2021, when income rose by 246%. Over the whole period it spent 37% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Boone Hospital Foundation sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 75th percentile within MO. Charities of a similar size with the same main cause include Society for Evidence-Based Gender Medicine Corp ($822k), Carolina Pregnancy Center ($822k) and Hear Center ($822k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 46% of the total. Compensation of current officers, directors and key employees was $130k (25% of expenses). Other salaries and wages came to $18k. At year end it held assets of $18.1m against liabilities of $45k, net assets of $18.1m.