Franklin General Hospital Foundation

Analysis

Franklin General Hospital Foundation is a registered charity in United States, based in Hampton, IA. It received its IRS tax-exemption ruling in February 1994, 32 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 2023, Franklin General Hospital Foundation reported income of $76k and spending of $188k, spending 246% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $99k to $76k (-23%), an average of -6.4% a year. The sharpest change came in the year to June 2021, when income rose by 265%. Over the whole period it spent 90% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Franklin General Hospital Foundation sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 28th percentile within IA. Charities of a similar size with the same main cause include First Call for Help Inc ($76k), Parkinson Association of Santa Barbara ($76k) and Night for Sight Wine Auction Inc ($76k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 69% of the total. Compensation of current officers, directors and key employees was $37k (20% of expenses). At year end it held assets of $1.4m against liabilities of $6,542, net assets of $1.4m.