Swisher Memorial Hospitalfoundation

Analysis

Swisher Memorial Hospitalfoundation is a registered charity in United States, based in Tulia, TX. It received its IRS tax-exemption ruling in December 2007, 19 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 September 2023, Swisher Memorial Hospitalfoundation reported income of $62k and spending of $125k, spending 203% of what it took in. Across the 2 years on record, from September 2022 to September 2023, income grew from $54k to $62k (+15%), an average of +15% a year. Over the whole period it spent 122% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Swisher Memorial Hospitalfoundation sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 25th percentile within TX. Charities of a similar size with the same main cause include Toledo Community Foundation ($62k), Osia Charitable & Educational Trust ($62k) and Queen City Rotary Club Foundation ($62k).

On its Form 990-EZ for the period ending September 2023, revenue came from contributions and grants 107% of the total. At year end it held assets of $102k against liabilities of $0, net assets of $102k.