Memorial Community Hospital Foundation Corporation

Analysis

Memorial Community Hospital Foundation Corporation is a registered charity in United States, based in Blair, NE. It received its IRS tax-exemption ruling in July 2003, 23 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Memorial Community Hospital Foundation Corporation reported income of $95k and spending of $73k, leaving 24% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $77k to $95k (+24%), an average of +5.6% a year. The sharpest change came in the year to December 2021, when income rose by 208%. Over the whole period it spent 55% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Memorial Community Hospital Foundation Corporation sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 34th percentile within NE. Charities of a similar size with the same main cause include The Progressives-Harambe Inc NFP ($95k), Arpin Charitable Fund Inc ($95k) and Neuse River Bridge Run ($95k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 42% of the total. At year end it held assets of $1.5m against liabilities of $0, net assets of $1.5m.