Daviess Community Hospital Foundation Inc

Analysis

Daviess Community Hospital Foundation Inc is a registered charity in United States, based in Washington, IN. It received its IRS tax-exemption ruling in July 1984, 42 years ago. 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, Daviess Community Hospital Foundation Inc reported income of $412k and spending of $67k, leaving 84% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $223k to $412k (+85%), an average of +17% a year. The sharpest change came in the year to December 2023, when income rose by 210%. Over the whole period it spent 64% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Daviess Community Hospital Foundation Inc sits at the 65th percentile: it is larger than about 65% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 67th percentile within IN. Charities of a similar size with the same main cause include Ohio Community Corrections Association ($412k), Kiwanis Foundation of Atlanta Inc ($412k) and The Walter and Emilie Spivey Foundation Inc ($412k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 89% of the total. At year end it held assets of $858k against liabilities of $0, net assets of $858k.