Lewis County Hospital Foundation Inc

Analysis

Lewis County Hospital Foundation Inc is a registered charity in United States, based in Lowville, NY. It received its IRS tax-exemption ruling in August 2001, 25 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 (type iii functionally integrated) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Lewis County Hospital Foundation Inc reported income of $727k and spending of $293k, leaving 60% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $276k to $727k (+163%), an average of +27% a year. The sharpest change came in the year to December 2022, when income rose by 77%. Over the whole period it spent 60% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Lewis County Hospital Foundation Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 71st percentile within NY. Charities of a similar size with the same main cause include Foundation for the New England Medical Innovation Center ($727k), Penns Valley Emergency Medical Services ($727k) and Hope Valley Ambulance Squad Inc ($727k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 98% of the total. Compensation of current officers, directors and key employees was $79k (27% of expenses). Other salaries and wages came to $7,900. At year end it held assets of $1.9m against liabilities of $11k, net assets of $1.9m. It reported 2 employees.