Morrow County Hospital Foundation

Analysis

Morrow County Hospital Foundation is a registered charity in United States, based in Mount Gilead, OH. It received its IRS tax-exemption ruling in March 1999, 27 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Morrow County Hospital Foundation reported income of $169k and spending of $296k, spending 175% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $101k to $169k (+67%), an average of +14% a year. The sharpest change came in the year to December 2023, when income rose by 99%. Over the whole period it spent 76% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Morrow County Hospital Foundation sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 50th percentile within OH. Charities of a similar size with the same main cause include Together Empowered Inc ($169k), Franco Foundation Inc ($169k) and Massillon Womans Club ($169k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 40% of the total. At year end it held assets of $2.3m against liabilities of $0, net assets of $2.3m.