Wayne Hospital Foundation Inc

Analysis

Wayne Hospital Foundation Inc is a registered charity in United States, based in Greenville, OH. It received its IRS tax-exemption ruling in October 2007, 19 years ago. Its declared purposes cover education, which this site groups under education and training. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Wayne Hospital Foundation Inc reported income of $228k and spending of $174k, leaving 24% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $159k to $228k (+44%), an average of +9.5% a year. The sharpest change came in the year to December 2023, when income rose by 116%. Over the whole period it spent 79% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Wayne Hospital Foundation Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 56th percentile within OH. Charities of a similar size with the same main cause include Mandarin Academy ($228k), Sayville Athletic Foundation Inc ($228k) and Lakeridge Elementary School Ptsa ($228k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. At year end it held assets of $828k against liabilities of $17k, net assets of $810k.