Floyd Valley Hospital Foundation

Analysis

Floyd Valley Hospital Foundation is a registered charity in United States, based in Le Mars, IA. It received its IRS tax-exemption ruling in September 2007, 19 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 June 2024, Floyd Valley Hospital Foundation reported income of $1.3m and spending of $1.2m, spending 91% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $1.1m to $1.3m (+15%), an average of +3.6% a year. The sharpest change came in the year to June 2024, when income rose by 353%. Over the whole period it spent 89% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Floyd Valley Hospital Foundation sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 84th percentile within IA. Charities of a similar size with the same main cause include Bedford Area Ambulance Service ($1.3m), Council on Black Health ($1.3m) and Western Carolina Medical Society Foundation Inc ($1.3m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 87% of the total. At year end it held assets of $1.9m against liabilities of $0, net assets of $1.9m.