Witham Memorial Hospital Foundation Inc

Analysis

Witham Memorial Hospital Foundation Inc is a registered charity in United States, based in Lebanon, IN. It received its IRS tax-exemption ruling in October 1983, 43 years ago. 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 December 2023, Witham Memorial Hospital Foundation Inc reported income of $364k and spending of $252k, leaving 31% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $455k to $364k (-20%), an average of -5.5% a year. The sharpest change came in the year to December 2023, when income rose by 37%. Over the whole period it spent 83% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Witham Memorial Hospital Foundation Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 65th percentile within IN. Charities of a similar size with the same main cause include Alpha Omega International Dental Fraternity Inc ($364k), Womens Center of Greater Lansing ($364k) and Seniors Foundation ($364k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 103% of the total. At year end it held assets of $7.4m against liabilities of $19k, net assets of $7.4m.