Marion General Hospital Foundation Inc

Analysis

Marion General Hospital Foundation Inc is a registered charity in United States, based in Marion, OH. It received its IRS tax-exemption ruling in May 1986, 40 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Marion General Hospital Foundation Inc reported income of $496k and spending of $221k, leaving 56% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income fell from $591k to $496k (-16%), an average of -4.3% a year. The sharpest change came in the year to June 2021, when income rose by 45%. Over the whole period it spent 39% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Marion General Hospital Foundation Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 70th percentile within OH. Charities of a similar size with the same main cause include Heart of the Valley Birth and Beyond ($496k), South Arkansas Caring Pregnancy Center ($496k) and Greensboro Cerebral Palsy Association Inc ($496k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 65% of the total. At year end it held assets of $5.4m against liabilities of $44k, net assets of $5.3m.