Trumbull Memorial Health Foundation

Analysis

Trumbull Memorial Health Foundation is a registered charity in United States, based in Youngstown, OH. It received its IRS tax-exemption ruling in December 1976, 50 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Trumbull Memorial Health Foundation reported income of $542k and spending of $643k, spending 119% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $797k to $542k (-32%), an average of -9.2% a year. The sharpest change came in the year to December 2021, when income rose by 85%. Over the whole period it spent 91% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Trumbull Memorial Health Foundation sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 72nd percentile within OH. Charities of a similar size with the same main cause include Bellas House of Hope Inc ($542k), Naturalena Foundation ($542k) and International College of Dentists ($542k).

At year end it held assets of $16.9m against liabilities of $0, net assets of $16.9m.