Horn Memorial Hospital Foundation

Analysis

Horn Memorial Hospital Foundation is a registered charity in United States, based in Ida Grove, IA. It received its IRS tax-exemption ruling in December 1998, 28 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 supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Horn Memorial Hospital Foundation reported income of $72k and spending of $38k, leaving 48% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $52k to $72k (+38%), an average of +38% a year. The sharpest change came in the year to December 2023, when income rose by 38%. Over the whole period it spent 86% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Horn Memorial Hospital Foundation sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 26th percentile within IA. Charities of a similar size with the same main cause include Knights Trust Inc ($72k), Women Sharing Hope ($72k) and Thayer Family Foundation ($72k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 101% of the total. At year end it held assets of $85k against liabilities of $0, net assets of $85k.