Liberty Hospital Foundation

Analysis

Liberty Hospital Foundation is a registered charity in United States, based in Liberty, MO. It received its IRS tax-exemption ruling in April 1985, 41 years ago. 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, Liberty Hospital Foundation reported income of $1.3m and spending of $1.4m, spending 108% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $710k to $1.3m (+81%), an average of +16% a year. The sharpest change came in the year to June 2022, when income rose by 48%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Liberty Hospital Foundation sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 80th percentile within MO. Charities of a similar size with the same main cause include St Johns River State College Foundation Inc ($1.3m), American Society for Public Administration ($1.3m) and United States Amateur Confederation of Roller Skating ($1.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 78% of the total. Compensation of current officers, directors and key employees was $137k (9.9% of expenses). Other salaries and wages came to $231k. It paid $91k in professional fundraising fees. At year end it held assets of $7.5m against liabilities of $688k, net assets of $6.8m. It reported 4 employees.