Hocking Valley Community Hospitalmemorial Fund Inc

Analysis

Hocking Valley Community Hospitalmemorial Fund Inc is a registered charity in United States, based in Logan, OH. It received its IRS tax-exemption ruling in October 1980, 46 years ago. 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, Hocking Valley Community Hospitalmemorial Fund Inc reported income of $256k and spending of $100k, leaving 61% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $385k to $256k (-34%), an average of -9.7% a year. The sharpest change came in the year to December 2022, when income rose by 162%. Over the whole period it spent 65% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Hocking Valley Community Hospitalmemorial Fund Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 59th percentile within OH. Charities of a similar size with the same main cause include Greater Tucson Leadership Inc ($256k), Luisa Diaz Foundation Inc ($256k) and Mariner Youth Soccer Club Inc ($256k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 25% of the total. At year end it held assets of $3.9m against liabilities of $864k, net assets of $3.0m.