Jennie Edmundson Memorial Hospital Foundation

Analysis

Jennie Edmundson Memorial Hospital Foundation is a registered charity in United States, based in Council BLFS, IA. It received its IRS tax-exemption ruling in June 1995, 31 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, Jennie Edmundson Memorial Hospital Foundation reported income of $2.0m and spending of $1.3m, leaving 35% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.7m to $2.0m (+16%), an average of +3.8% a year. The sharpest change came in the year to December 2023, when income rose by 36%. Over the whole period it spent 61% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Jennie Edmundson Memorial Hospital Foundation sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 88th percentile within IA. Charities of a similar size with the same main cause include Makana North Shore Clinic ($2.0m), Council on Alcohol and Drug Abuse Coastal Bend ($2.0m) and ALS One Inc ($2.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 85% of the total. At year end it held assets of $6.6m against liabilities of $303k, net assets of $6.3m.