Turtle Lake Community Hospital Association

Analysis

Turtle Lake Community Hospital Association is a registered charity in United States, based in Turtle Lake, ND. It received its IRS tax-exemption ruling in August 1957, 69 years ago. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Turtle Lake Community Hospital Association reported income of $112k and spending of $34k, leaving 69% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income fell from $160k to $112k (-30%), an average of -8.6% a year. The sharpest change came in the year to September 2020, when income dropped by 38%. Over the whole period it spent 46% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Turtle Lake Community Hospital Association sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 31st percentile within ND. Charities of a similar size with the same main cause include Ars Musica Chorale Inc ($112k), Perry Rotary Foundation Inc ($112k) and International Lightning Class ($112k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 56% and program service revenue 44% of the total. At year end it held assets of $907k against liabilities of $0, net assets of $907k.