St Marys Medical Center Foundation Inc

Analysis

St Marys Medical Center Foundation Inc is a registered charity in United States, based in Huntington, WV. It received its IRS tax-exemption ruling in March 2004, 22 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 September 2023, St Marys Medical Center Foundation Inc reported income of $1.1m and spending of $808k, leaving 23% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $477k to $1.1m (+121%), an average of +22% a year. The sharpest change came in the year to September 2022, when income rose by 101%. Over the whole period it spent 74% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, St Marys Medical Center Foundation Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 78th percentile within WV. Charities of a similar size with the same main cause include Bulloch County Alcohol and Drug Abuse Council Inc ($1.1m), Crisis Pregnancy Center of Prince William County ($1.1m) and Indy Hematology Education Inc ($1.1m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 73% of the total. At year end it held assets of $3.8m against liabilities of $463k, net assets of $3.4m.