Good Samaritan Hospital Foundation Corvallis

Analysis

Good Samaritan Hospital Foundation Corvallis is a registered charity in United States, based in Corvallis, OR. It received its IRS tax-exemption ruling in February 1975, 51 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, Good Samaritan Hospital Foundation Corvallis reported income of $1.3m and spending of $1.2m, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.8m to $1.3m (-53%), an average of -17% a year. The sharpest change came in the year to December 2021, when income rose by 88%. Over the whole period it spent 60% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Good Samaritan Hospital Foundation Corvallis sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 83rd percentile within OR. Charities of a similar size with the same main cause include Cool Kids Campaign Foundation Inc ($1.3m), Beads of Courage Inc ($1.3m) and Brookhaven Health Care Services Corporation ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 73% of the total. At year end it held assets of $16.3m against liabilities of $9,007, net assets of $16.3m.