Androscoggin Valley Hospital Foundation

Analysis

Androscoggin Valley Hospital Foundation is a registered charity in United States, based in Berlin, NH. It received its IRS tax-exemption ruling in July 1990, 36 years ago. 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 September 2023, Androscoggin Valley Hospital Foundation reported income of $69k and spending of $80k, spending 116% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $116k to $69k (-41%), an average of -12% a year. The sharpest change came in the year to September 2023, when income dropped by 59%. Over the whole period it spent 54% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Androscoggin Valley Hospital Foundation sits at the 27th percentile: it is larger than about 26% of them. Against every charity in United States with reported income it ranks in the 27th percentile, and in the 29th percentile within NH. Charities of a similar size with the same main cause include Autism Society of Ohio ($69k), G E B a S Foundation Inc ($69k) and Lets Back the Blue ($69k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 102% of the total. At year end it held assets of $3.1m against liabilities of $123k, net assets of $3.0m.