Kern Valley Hospital Foundation

Analysis

Kern Valley Hospital Foundation is a registered charity in United States, based in Lake Isabella, CA. It received its IRS tax-exemption ruling in October 1991, 35 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 June 2024, Kern Valley Hospital Foundation reported income of $60k and spending of $11k, leaving 81% of income unspent that year. Across the 2 years on record, from June 2023 to June 2024, income grew from $50k to $60k (+20%), an average of +20% a year. The sharpest change came in the year to June 2024, when income rose by 20%. Over the whole period it spent 19% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Kern Valley Hospital Foundation sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 23rd percentile, and in the 25th percentile within CA. Charities of a similar size with the same main cause include PTA California Congress of Parents Teachers & Students Inc ($60k), Hawaii Alliance for Arts Education ($60k) and PTA North Carolina Congress ($60k).

On its Form 990-EZ for the period ending June 2024, revenue came from contributions and grants 11% of the total. At year end it held assets of $327k against liabilities of $1,913, net assets of $325k.