Big Stone Healthcare Foundation

Analysis

Big Stone Healthcare Foundation is a registered charity in United States, based in Ortonville, MN. It received its IRS tax-exemption ruling in March 1991, 35 years ago. 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, Big Stone Healthcare Foundation reported income of $227k and spending of $187k, spending 83% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $368k to $227k (-38%), an average of -11% a year. The sharpest change came in the year to December 2022, when income dropped by 42%. Over the whole period it spent 75% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Big Stone Healthcare Foundation sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 55th percentile within MN. Charities of a similar size with the same main cause include Camp Trinity Inc ($226k), Hopeanchor & Crew Inc ($227k) and Ser Jobs for Progress Inc ($226k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 61% of the total. Other salaries and wages came to $44k. At year end it held assets of $1.9m against liabilities of $0, net assets of $1.9m. It reported 1 employees.