T H Reiarson Trust Stanley Community Hospital Association

Analysis

T H Reiarson Trust Stanley Community Hospital Association is a registered charity in United States, based in Stanley, ND. It received its IRS tax-exemption ruling in September 1981, 45 years ago. 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, T H Reiarson Trust Stanley Community Hospital Association reported income of $1.5m and spending of $191k, leaving 87% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $590k to $1.5m (+147%), an average of +25% a year. The sharpest change came in the year to December 2020, when income rose by 79%. Over the whole period it spent 48% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, T H Reiarson Trust Stanley Community Hospital Association sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 83rd percentile, and in the 81st percentile within ND. Charities of a similar size with the same main cause include Habitat for Humanity International Inc ($1.5m), Belchertown Day School Inc ($1.5m) and Ocean View Foundation ($1.5m).

At year end it held assets of $5.4m against liabilities of $0, net assets of $5.4m.