Cavalier County Memorial Hospital Foundation

Analysis

Cavalier County Memorial Hospital Foundation is a registered charity in United States, based in Langdon, ND. It received its IRS tax-exemption ruling in November 1993, 33 years ago. Its declared purposes cover community improvement and capacity building, which this site groups under community and economic development. 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 2024, Cavalier County Memorial Hospital Foundation reported income of $216k and spending of $115k, leaving 46% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $99k to $216k (+118%), an average of +21% a year. The sharpest change came in the year to June 2024, when income rose by 74%. Over the whole period it spent 72% of the income it received.

Among 19,475 United States charities whose main cause is community and economic development and that reported income, Cavalier County Memorial Hospital Foundation sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 49th percentile within ND. Charities of a similar size with the same main cause include Women in Training Inc ($215k), Rotary Foundation of Indianapolis Inc ($216k) and Indy Gateway Inc ($215k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 43% of the total. Compensation of current officers, directors and key employees was $45k (39% of expenses). At year end it held assets of $2.7m against liabilities of $4,156, net assets of $2.7m. It reported 1 employees.