Monmouth Medical Center Southern Campus Foundation Inc

Analysis

Monmouth Medical Center Southern Campus Foundation Inc is a registered charity in United States, based in Oceanport, NJ. It received its IRS tax-exemption ruling in February 1986, 40 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, Monmouth Medical Center Southern Campus Foundation Inc reported income of $1.7m and spending of $4.2m, spending 246% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.8m to $1.7m (-5.5%), an average of -1.4% a year. The sharpest change came in the year to December 2021, when income rose by 17%. Over the whole period it spent 130% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Monmouth Medical Center Southern Campus Foundation Inc sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 87th percentile within NJ. Charities of a similar size with the same main cause include Cancer Carepoint Inc ($1.7m), Morning Center ($1.7m) and Avol Kentucky Inc ($1.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 40% and program service revenue 47% of the total. At year end it held assets of $5.9m against liabilities of $339k, net assets of $5.5m.