Dickinson Hospitals Foundation

Analysis

Dickinson Hospitals Foundation is a registered charity in United States, based in Iron Mountain, MI. It received its IRS tax-exemption ruling in October 1964, 62 years ago. 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 December 2023, Dickinson Hospitals Foundation reported income of $323k and spending of $49k, leaving 85% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $127k to $323k (+154%), an average of +26% a year. The sharpest change came in the year to December 2021, when income rose by 190%. Over the whole period it spent 52% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Dickinson Hospitals Foundation sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 63rd percentile within MI. Charities of a similar size with the same main cause include South Macedon Fire and Rescue Inc ($323k), Parents Nursery School Inc ($323k) and St Davids Housing Development Fund Company Inc ($323k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 87% of the total. At year end it held assets of $1.1m against liabilities of $0, net assets of $1.1m.