Webster County Community Hospital Foundation Inc

Analysis

Webster County Community Hospital Foundation Inc is a registered charity in United States, based in Red Cloud, NE. It received its IRS tax-exemption ruling in December 1992, 34 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Webster County Community Hospital Foundation Inc reported income of $918k and spending of $22k, leaving 98% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $68k to $918k (+1259%), an average of +92% a year. The sharpest change came in the year to December 2023, when income rose by 1060%. Over the whole period it spent 27% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Webster County Community Hospital Foundation Inc sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 78th percentile within NE. Charities of a similar size with the same main cause include Life Connections of the Carolinas Inc ($917k), Casa Foundation ($919k) and Pro Players Foundation Inc ($916k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 91% and program service revenue 2.3% of the total. At year end it held assets of $2.6m against liabilities of $0, net assets of $2.6m.