Vernon Memorial Healthcare Foundation Inc

Analysis

Vernon Memorial Healthcare Foundation Inc is a registered charity in United States, based in Viroqua, WI. It received its IRS tax-exemption ruling in July 1986, 40 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 September 2023, Vernon Memorial Healthcare Foundation Inc reported income of $110k and spending of $52k, leaving 53% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income fell from $465k to $110k (-76%), an average of -30% a year. The sharpest change came in the year to September 2021, when income dropped by 61%. Over the whole period it spent 86% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Vernon Memorial Healthcare Foundation Inc sits at the 29th percentile: it is larger than about 29% of them. Against every charity in United States with reported income it ranks in the 39th percentile, and in the 38th percentile within WI. Charities of a similar size with the same main cause include Caps of Love ($110k), Petersburg Mental Health Services Inc ($110k) and Heritage Fields III Inc ($110k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 107% of the total. At year end it held assets of $702k against liabilities of $235k, net assets of $467k.