Memorial Health Fund

Analysis

Memorial Health Fund is a registered charity in United States, based in York, PA. It received its IRS tax-exemption ruling in August 2016, 10 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 i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Memorial Health Fund reported income of $1.0m and spending of $1.1m, spending 105% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $468k to $1.0m (+120%), an average of +22% a year. The sharpest change came in the year to December 2021, when income rose by 228%. Over the whole period it spent 163% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Memorial Health Fund 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 80th percentile, and in the 78th percentile within PA. Charities of a similar size with the same main cause include Community Health Center of West Palm Beach Inc ($1.0m), Half Helen Foundation ($1.0m) and Nami Greater Cleveland ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.6% of the total. At year end it held assets of $23.2m against liabilities of $611k, net assets of $22.6m.