Carthage Area Hospital Foundation Inc

Analysis

Carthage Area Hospital Foundation Inc is a registered charity in United States, based in Carthage, NY. It received its IRS tax-exemption ruling in December 1995, 31 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Carthage Area Hospital Foundation Inc reported income of $208k and spending of $37k, leaving 82% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $109k to $208k (+91%), an average of +18% a year. The sharpest change came in the year to December 2021, when income rose by 184%. Over the whole period it spent 29% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Carthage Area Hospital Foundation Inc 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 55th percentile, and in the 52nd percentile within NY. Charities of a similar size with the same main cause include Ryan Callahan Foundation ($208k), Fortis Therapy Center ($208k) and Friends of Veterans Inc ($208k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 62% of the total. At year end it held assets of $2.5m against liabilities of $60, net assets of $2.5m.