Ottumwa Hospital Endowment Trust Fund

Analysis

Ottumwa Hospital Endowment Trust Fund is a registered charity in United States, based in Saint Paul, MN. It received its IRS tax-exemption ruling in December 1975, 51 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a private non-operating foundation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2021, Ottumwa Hospital Endowment Trust Fund reported income of $537k and spending of $85k, leaving 84% of income unspent that year. Across the 3 years on record, from December 2019 to December 2021, income grew from $143k to $537k (+277%), an average of +94% a year. The sharpest change came in the year to December 2021, when income rose by 457%. Over the whole period it spent 32% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Ottumwa Hospital Endowment Trust Fund 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 70th percentile within MN. Charities of a similar size with the same main cause include Living Our Visions Inc ($537k), Hillsborough County Dental Research Clinic ($537k) and Womens Hospital Foundation Inc ($536k).

At year end it held assets of $2.8m against liabilities of $0, net assets of $2.8m.