Adams County Memorial Hospital and Development Foundation

Analysis

Adams County Memorial Hospital and Development Foundation is a registered charity in United States, based in Decatur, IN. It received its IRS tax-exemption ruling in September 2010, 16 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Adams County Memorial Hospital and Development Foundation reported income of $276k and spending of $366k, spending 132% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $207k to $276k (+34%), an average of +7.5% a year. The sharpest change came in the year to December 2022, when income rose by 89%. Over the whole period it spent 69% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Adams County Memorial Hospital and Development Foundation sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 60th percentile within IN. Charities of a similar size with the same main cause include Rush Memorial Hospital Foundation Inc ($276k), Thinkbig Pediatric Cancer Fund Inc ($277k) and BMC Integrated Care Services Inc ($276k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 69% of the total. Other salaries and wages came to $90k. At year end it held assets of $492k against liabilities of $0, net assets of $492k.