Mahaska Hospital Foundation

Analysis

Mahaska Hospital Foundation is a registered charity in United States, based in Oskaloosa, IA. It received its IRS tax-exemption ruling in October 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 December 2023, Mahaska Hospital Foundation reported income of $523k and spending of $128k, leaving 76% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $419k to $523k (+25%), an average of +5.7% a year. The sharpest change came in the year to December 2021, when income rose by 478%. Over the whole period it spent 78% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Mahaska Hospital Foundation sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 73rd percentile within IA. Charities of a similar size with the same main cause include Gilchrist Baltimore Center Support Corporation ($523k), Taping for the Blind Inc ($523k) and Livingproof Recovery Inc ($523k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 101% of the total. At year end it held assets of $1.2m against liabilities of $0, net assets of $1.2m.