Wood County Medical Building Inc

Analysis

Wood County Medical Building Inc is a registered charity in United States, based in Bowling Green, OH. It received its IRS tax-exemption ruling in April 1975, 51 years ago. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Wood County Medical Building Inc reported income of $1.1m and spending of $1.1m, spending 105% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.1m to $1.1m (-4.1%), an average of -1.0% a year. Over the whole period it spent 106% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Wood County Medical Building Inc sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 80th percentile within OH. Charities of a similar size with the same main cause include Habitat for Humanity International Inc ($1.1m), Center for Haitian Studies Inc ($1.1m) and Genesee Valley Outdoor Learning Center Inc ($1.1m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $193k against liabilities of $332k, net assets of -$139k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.