Robinson Memorial Hospital Foundation

Analysis

Robinson Memorial Hospital Foundation is a registered charity in United States, based in Ravenna, OH. It received its IRS tax-exemption ruling in June 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 supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Robinson Memorial Hospital Foundation reported income of $578k and spending of $479k, spending 83% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.0m to $578k (-45%), an average of -14% a year. The sharpest change came in the year to December 2022, when income dropped by 35%. Over the whole period it spent 81% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Robinson Memorial Hospital Foundation sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 73rd percentile within OH. Charities of a similar size with the same main cause include The Ruth Institute ($578k), Garrison Volunteer Ambulance Corp ($578k) and Mount Morris Ambulance Service Inc ($578k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 56% of the total. Other salaries and wages came to $175k. At year end it held assets of $6.1m against liabilities of $1.2m, net assets of $4.9m.