Newport Hospital & Health Services Foundation

Analysis

Newport Hospital & Health Services Foundation is a registered charity in United States, based in Newport, WA. It received its IRS tax-exemption ruling in December 2008, 18 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, Newport Hospital & Health Services Foundation reported income of $362k and spending of $241k, leaving 34% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $77k to $362k (+371%), an average of +371% a year. The sharpest change came in the year to December 2023, when income rose by 371%. Over the whole period it spent 69% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Newport Hospital & Health Services Foundation sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 63rd percentile within WA. Charities of a similar size with the same main cause include Marshmallows Hope Nonprofit Organization Corp ($362k), Redemption Recovery Institute ($362k) and California Breastfeeding Coalition ($362k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 95% of the total. At year end it held assets of $388k against liabilities of $24, net assets of $388k.