Tricounty Memorial Foundation Inc

Analysis

Tricounty Memorial Foundation Inc is a registered charity in United States, based in Whitehall, WI. It received its IRS tax-exemption ruling in September 2002, 24 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Tricounty Memorial Foundation Inc reported income of $180k and spending of $27k, leaving 85% of income unspent that year. Across the 5 years on record, from December 2019 to September 2023, income grew from $47k to $180k (+281%), an average of +40% a year. The sharpest change came in the year to December 2021, when income rose by 683%. Over the whole period it spent 20% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Tricounty Memorial Foundation Inc sits at the 39th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 51st percentile within WI. Charities of a similar size with the same main cause include Serenity Life Resource Center Inc ($180k), Restore Children and Family Services ($180k) and Healthcare Access Worldwide Inc ($180k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 85% of the total. At year end it held assets of $1.4m against liabilities of $395k, net assets of $960k.