Mitchell County Regional Medical Foundation

Analysis

Mitchell County Regional Medical Foundation is a registered charity in United States, based in Beloit, KS. It received its IRS tax-exemption ruling in October 2009, 17 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, Mitchell County Regional Medical Foundation reported income of $821k and spending of $571k, leaving 30% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $700k to $821k (+17%), an average of +4.1% a year. The sharpest change came in the year to December 2021, when income rose by 22%. Over the whole period it spent 79% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Mitchell County Regional Medical 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 78th percentile within KS. Charities of a similar size with the same main cause include International Essential Tremor Foundation ($821k), Jefferson County Memorial Hospital Foundation Inc ($821k) and Pathfinders ($821k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 96% of the total. Compensation of current officers, directors and key employees was $6,950 (1.2% of expenses). Other salaries and wages came to $97k. At year end it held assets of $2.0m against liabilities of $0, net assets of $2.0m. It reported 4 employees.