Regional Health Services Foundation

Analysis

Regional Health Services Foundation is a registered charity in United States, based in Cresco, IA. It received its IRS tax-exemption ruling in June 1993, 33 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 2023, Regional Health Services Foundation reported income of $541k and spending of $426k, leaving 21% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $94k to $541k (+472%), an average of +55% a year. The sharpest change came in the year to June 2021, when income rose by 545%. Over the whole period it spent 79% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Regional Health Services Foundation sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 74th percentile within IA. Charities of a similar size with the same main cause include Haffenreffer Family Fund ($540k), Lawton Community Foundation Affilated Fund of the Okc City Com ($541k) and McCarthy Holdings Charitable Corporation ($540k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 93% of the total. At year end it held assets of $1.2m against liabilities of $296k, net assets of $889k.