Richland Hospital Foundation Inc

Analysis

Richland Hospital Foundation Inc is a registered charity in United States, based in Richland Ctr, WI. It received its IRS tax-exemption ruling in April 1987, 39 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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, Richland Hospital Foundation Inc reported income of $135k and spending of $182k, spending 135% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $210k to $135k (-36%), an average of -10% a year. The sharpest change came in the year to December 2020, when income rose by 234%. Over the whole period it spent 74% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Richland Hospital Foundation Inc sits at the 39th percentile: it is larger than about 39% 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 Minority Outreach Coalation Inc ($135k), Calvarys Mission Inc ($135k) and Moniteau Christian Ministries Center Inc ($135k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 63% of the total. It paid $21k in professional fundraising fees. At year end it held assets of $1.3m against liabilities of $0, net assets of $1.3m.