Hancock Regional Hospital Foundation Inc

Analysis

Hancock Regional Hospital Foundation Inc is a registered charity in United States, based in Greenfield, IN. It received its IRS tax-exemption ruling in March 2017, 9 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, Hancock Regional Hospital Foundation Inc reported income of $2.6m and spending of $1.7m, leaving 37% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $2.8m to $2.6m (-6.6%), an average of -1.7% a year. The sharpest change came in the year to December 2021, when income rose by 52%. Over the whole period it spent 53% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Hancock Regional Hospital Foundation Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 89th percentile within IN. Charities of a similar size with the same main cause include Cedarcroft Home Inc ($2.6m), Rivers Edge Ranch ($2.6m) and Diaz Memorial Ambulance Service Inc ($2.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% of the total. At year end it held assets of $21.7m against liabilities of $390k, net assets of $21.3m.