Morgan Memorial Hospital Foundation

Analysis

Morgan Memorial Hospital Foundation is a registered charity in United States, based in Madison, GA. It received its IRS tax-exemption ruling in May 2013, 13 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, Morgan Memorial Hospital Foundation reported income of $62k and spending of $69k, spending 112% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $98k to $62k (-36%), an average of -11% a year. The sharpest change came in the year to December 2020, when income dropped by 60%. Over the whole period it spent 222% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Morgan Memorial Hospital Foundation sits at the 19th percentile: it is larger than about 19% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 25th percentile within GA. Charities of a similar size with the same main cause include Kino-Eye Centere for Visual Innovation ($62k), Salaam Community Wellness Center ($62k) and Scott Schoenthal Circle of Love ($62k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $78k against liabilities of $0, net assets of $78k.