Community Memorial Hospital Foundation

Analysis

Community Memorial Hospital Foundation is a registered charity in United States, based in Syracuse, NE. It received its IRS tax-exemption ruling in April 2014, 12 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Community Memorial Hospital Foundation reported income of $83k and spending of $86k, spending 104% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $387k to $83k (-79%), an average of -32% a year. The sharpest change came in the year to June 2022, when income rose by 122%. Over the whole period it spent 75% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Community Memorial Hospital Foundation sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 30th percentile within NE. Charities of a similar size with the same main cause include Rehab and Beyond Inc ($83k), Council of Pediatric Subspecialties ($83k) and Foundation for Alcoholism Research Inc ($83k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 87% of the total. Other salaries and wages came to $17k. At year end it held assets of $288k against liabilities of $59k, net assets of $229k.