Davis Health System Foundation Inc

Analysis

Davis Health System Foundation Inc is a registered charity in United States, based in Elkins, WV. It received its IRS tax-exemption ruling in January 2008, 18 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, Davis Health System Foundation Inc reported income of $509k and spending of $382k, leaving 25% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $417k to $509k (+22%), an average of +5.1% a year. The sharpest change came in the year to December 2021, when income rose by 66%. Over the whole period it spent 124% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Davis Health System Foundation Inc sits at the 73rd percentile: it is larger than about 73% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 69th percentile within WV. Charities of a similar size with the same main cause include Trojan Sig Foundation ($509k), Clay Fellowship Charitable TR ($510k) and Square One Education Network ($509k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% of the total. At year end it held assets of $946k against liabilities of $56k, net assets of $890k.