Holland Community Hospital Authority Self Insurance Fund

Analysis

Holland Community Hospital Authority Self Insurance Fund is a registered charity in United States, based in Holland, MI. It received its IRS tax-exemption ruling in December 1979, 47 years ago. Its declared purposes cover mutual and membership benefit, which this site groups under other charitable purposes. 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, Holland Community Hospital Authority Self Insurance Fund reported income of $530k and spending of $22k, leaving 96% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $482k to $530k (+10%), an average of +2.4% a year. The sharpest change came in the year to December 2021, when income rose by 375%. Over the whole period it spent 19% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Holland Community Hospital Authority Self Insurance Fund sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 71st percentile within MI. Charities of a similar size with the same main cause include Lawrenceburg Lions Homes Inc ($530k), Empowered Parents in Community ($530k) and El Primer Paso Ltd ($530k).

Compensation of current officers, directors and key employees was $22k (100% of expenses). At year end it held assets of $23.7m against liabilities of $0, net assets of $23.7m.