Lawrence County Memorial Hospital Endowment and Development Foundati

Analysis

Lawrence County Memorial Hospital Endowment and Development Foundati is a registered charity in United States, based in Lawrenceville, IL. It received its IRS tax-exemption ruling in July 1965, 61 years ago. 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, Lawrence County Memorial Hospital Endowment and Development Foundati reported income of $124k and spending of $2,134, leaving 98% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $47k to $124k (+162%), an average of +27% a year. The sharpest change came in the year to June 2023, when income rose by 422%. Over the whole period it spent 14% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Lawrence County Memorial Hospital Endowment and Development Foundati sits at the 42nd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 42nd percentile, and in the 43rd percentile within IL. Charities of a similar size with the same main cause include Little League Baseball Inc ($124k), Alternatives Foundation Incorporated ($124k) and Road Runners Club of America ($124k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 68% of the total. At year end it held assets of $586k against liabilities of $0, net assets of $586k.