Guthrie County Hospital Foundation

Analysis

Guthrie County Hospital Foundation is a registered charity in United States, based in Guthrie Ctr, IA. It received its IRS tax-exemption ruling in November 1995, 31 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, Guthrie County Hospital Foundation reported income of $413k and spending of $201k, leaving 51% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $251k to $413k (+65%), an average of +18% a year. The sharpest change came in the year to June 2023, when income rose by 129%. Over the whole period it spent 35% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Guthrie County Hospital Foundation sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 70th percentile within IA. Charities of a similar size with the same main cause include Community United Services Inc ($413k), Generations for Peace Inc ($413k) and Jewish Federation of Dutchess County Inc ($413k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 54% of the total. Other salaries and wages came to $74k. At year end it held assets of $5.3m against liabilities of $37k, net assets of $5.3m.