Hospital Foundation of Decatur Co Inc

Analysis

Hospital Foundation of Decatur Co Inc is a registered charity in United States, based in Greensburg, IN. It received its IRS tax-exemption ruling in July 1993, 33 years ago. Its declared purposes cover public safety, disaster preparedness and relief, which this site groups under armed forces, emergency and public safety. 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, Hospital Foundation of Decatur Co Inc reported income of $469k and spending of $548k, spending 117% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $253k to $469k (+86%), an average of +17% a year. The sharpest change came in the year to December 2022, when income rose by 126%. Over the whole period it spent 80% of the income it received.

Among 9,128 United States charities whose main cause is armed forces, emergency and public safety and that reported income, Hospital Foundation of Decatur Co Inc sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 69th percentile within IN. Charities of a similar size with the same main cause include Newfield Fire Company Inc ($469k), Pierre Part-Belle River Fire Department Inc ($469k) and Postal Employees Relief Fund ($468k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 63% of the total. At year end it held assets of $1.6m against liabilities of $73k, net assets of $1.5m.