Fort Memorial Hospital Foundation Inc

Analysis

Fort Memorial Hospital Foundation Inc is a registered charity in United States, based in Fort Atkinson, WI. It received its IRS tax-exemption ruling in September 1983, 43 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 September 2023, Fort Memorial Hospital Foundation Inc reported income of $334k and spending of $137k, leaving 59% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income fell from $585k to $334k (-43%), an average of -13% a year. The sharpest change came in the year to September 2021, when income rose by 145%. Over the whole period it spent 53% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Fort Memorial Hospital 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 64th percentile, and in the 63rd percentile within WI. Charities of a similar size with the same main cause include Kicks for a Cure Inc ($334k), Macomb County Ems Medical Control Authority ($334k) and North Carolina Infant Young Child Mental Health Association ($334k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 29% of the total. At year end it held assets of $9.0m against liabilities of $142k, net assets of $8.8m.