Golden Valley Memorial Hospital Foundation Inc

Analysis

Golden Valley Memorial Hospital Foundation Inc is a registered charity in United States, based in Clinton, MO. It received its IRS tax-exemption ruling in March 1994, 32 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 March 2024, Golden Valley Memorial Hospital Foundation Inc reported income of $3.5m and spending of $7.0m, spending 203% of what it took in. Across the 6 years on record, from March 2019 to March 2024, income grew from $171k to $3.5m (+1938%), an average of +83% a year. The sharpest change came in the year to March 2023, when income rose by 584%. Over the whole period it spent 76% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Golden Valley Memorial Hospital Foundation Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 88th percentile within MO. Charities of a similar size with the same main cause include Kissito Healthcare Inc ($3.5m), Special Olympics Tennessee Inc ($3.5m) and Access Care of Coastal Texas Inc ($3.5m).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $4.0m against liabilities of $0, net assets of $4.0m.