Huntsville Memorial Hosital

Analysis

Huntsville Memorial Hosital is a registered charity in United States, based in Huntsville, TX. It received its IRS tax-exemption ruling in February 2006, 20 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Huntsville Memorial Hosital reported income of $368k and spending of $171k, leaving 54% of income unspent that year. Across the 6 years on record, from June 2019 to June 2024, income fell from $86.2m to $368k (-100%), an average of -66% a year. The sharpest change came in the year to June 2022, when income rose by 4636%. Over the whole period it spent 116% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Huntsville Memorial Hosital sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 70th percentile within TX. Charities of a similar size with the same main cause include Hartford Hospital Auxiliary ($368k), Southcentral Pennsylvania Area Health Education Center ($368k) and Bravo Volunteer Ambulance Service Inc ($368k).

At year end it held assets of $435k against liabilities of $23.8m, net assets of -$23.3m.