Southeast Alabama Medical Centerfoundation

Analysis

Southeast Alabama Medical Centerfoundation is a registered charity in United States, based in Dothan, AL. It received its IRS tax-exemption ruling in January 2008, 18 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 September 2023, Southeast Alabama Medical Centerfoundation reported income of $999k and spending of $610k, leaving 39% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $793k to $999k (+26%), an average of +6.0% a year. The sharpest change came in the year to September 2022, when income rose by 49%. Over the whole period it spent 72% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Southeast Alabama Medical Centerfoundation sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 83rd percentile within AL. Charities of a similar size with the same main cause include The Road Ahead Family Services ($999k), Jones Alternative Inc ($1000k) and Princeton Caregivers Inc ($999k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 72% of the total. At year end it held assets of $4.4m against liabilities of $0, net assets of $4.4m.