Greene County Medical Center Foundation

Analysis

Greene County Medical Center Foundation is a registered charity in United States, based in Jefferson, IA. It received its IRS tax-exemption ruling in September 1972, 54 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 June 2023, Greene County Medical Center Foundation reported income of $855k and spending of $538k, leaving 37% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $482k to $855k (+77%), an average of +15% a year. The sharpest change came in the year to June 2020, when income rose by 80%. Over the whole period it spent 73% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Greene County Medical Center Foundation sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 80th percentile within IA. Charities of a similar size with the same main cause include Whitetulip Health Foundation Inc ($855k), Star Legacy Foundation ($855k) and Samaritan Health and Wellness Center Inc ($854k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 22% and program service revenue 76% of the total. Other salaries and wages came to $121k. At year end it held assets of $1.1m against liabilities of $1.1m, net assets of -$57k.