Jamestown Regional Medical Center Foundation Inc

Analysis

Jamestown Regional Medical Center Foundation Inc is a registered charity in United States, based in Jamestown, ND. It received its IRS tax-exemption ruling in May 1985, 41 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 June 2023, Jamestown Regional Medical Center Foundation Inc reported income of $1.1m and spending of $800k, leaving 27% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $986k to $1.1m (+12%), an average of +2.8% a year. The sharpest change came in the year to June 2021, when income rose by 71%. Over the whole period it spent 82% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Jamestown Regional Medical Center 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 80th percentile, and in the 78th percentile within ND. Charities of a similar size with the same main cause include Simply Graced ($1.1m), Cornerstone Pregnancy Services ($1.1m) and Progressive Eldercare Services Inc ($1.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% of the total. Compensation of current officers, directors and key employees was $118k (15% of expenses). Other salaries and wages came to $89k. At year end it held assets of $5.9m against liabilities of $173k, net assets of $5.7m.