Memorial Hospital Foundation of Cass County Inc

Analysis

Memorial Hospital Foundation of Cass County Inc is a registered charity in United States, based in Logansport, IN. It received its IRS tax-exemption ruling in May 1986, 40 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, Memorial Hospital Foundation of Cass County Inc reported income of $266k and spending of $178k, leaving 33% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $272k to $266k (-2.1%), an average of -0.5% a year. The sharpest change came in the year to December 2021, when income rose by 63%. Over the whole period it spent 104% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Memorial Hospital Foundation of Cass County Inc sits at the 58th percentile: it is larger than about 58% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 59th percentile within IN. Charities of a similar size with the same main cause include Girls on the Run South Louisiana ($266k), Lawrence County Historial & Genealogical Society Inc ($266k) and Christian Concern ($266k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 66% of the total. At year end it held assets of $3.6m against liabilities of $12k, net assets of $3.6m.