Benefit Fund of the McKenzie County Healthcare Systems

Analysis

Benefit Fund of the McKenzie County Healthcare Systems is a registered charity in United States, based in Watford City, ND. It received its IRS tax-exemption ruling in June 1986, 40 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 June 2023, Benefit Fund of the McKenzie County Healthcare Systems reported income of $5.3m and spending of $1.9m, leaving 64% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income fell from $6.2m to $5.3m (-14%), an average of -3.8% a year. The sharpest change came in the year to June 2022, when income rose by 122%. Over the whole period it spent 58% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Benefit Fund of the McKenzie County Healthcare Systems sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 92nd percentile within ND. Charities of a similar size with the same main cause include Citizens Against Physical and Sexual Abuse Inc ($5.3m), Aitkin Health Services ($5.3m) and Regenerative Agriculture Foundation ($5.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 21% of the total. Compensation of current officers, directors and key employees was $204k (11% of expenses). Other salaries and wages came to $90k. It paid $214k in professional fundraising fees. At year end it held assets of $25.0m against liabilities of $95k, net assets of $24.9m.