Door County Memorial Hospital Foundation Inc

Analysis

Door County Memorial Hospital Foundation Inc is a registered charity in United States, based in Sturgeon Bay, WI. It received its IRS tax-exemption ruling in March 1990, 36 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 June 2024, Door County Memorial Hospital Foundation Inc reported income of $2.8m and spending of $605k, leaving 78% of income unspent that year. Across the 6 years on record, from June 2019 to June 2024, income grew from $1.2m to $2.8m (+139%), an average of +19% a year. The sharpest change came in the year to June 2024, when income rose by 126%. Over the whole period it spent 93% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Door County Memorial Hospital Foundation Inc sits at the 75th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 89th percentile within WI. Charities of a similar size with the same main cause include County Rehabilitation Center Inc ($2.8m), Sunshine on a Ranney Day Incorporated ($2.8m) and Alliance Ambulatory Services ($2.8m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 98% of the total. At year end it held assets of $4.9m against liabilities of $625, net assets of $4.9m.