Memorial Hospital and Community Health Foundation Inc

Analysis

Memorial Hospital and Community Health Foundation Inc is a registered charity in United States, based in Antigo, WI. It received its IRS tax-exemption ruling in November 1979, 47 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, Memorial Hospital and Community Health Foundation Inc reported income of $135k and spending of $138k, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $236k to $135k (-43%), an average of -13% a year. The sharpest change came in the year to December 2022, when income rose by 114%. Over the whole period it spent 57% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Memorial Hospital and Community Health Foundation Inc sits at the 49th percentile: it is larger than about 49% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 44th percentile within WI. Charities of a similar size with the same main cause include Share the Harvest Foundation Inc ($135k), Get Wet for a Vet ($135k) and Sneakers for Soldiers Inc ($135k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 23% and program service revenue 12% of the total. At year end it held assets of $3.8m against liabilities of $0, net assets of $3.8m.