Towner County Medcenter

Analysis

Towner County Medcenter is a registered charity in United States, based in Cando, ND. It received its IRS tax-exemption ruling in October 1992, 34 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 June 2023, Towner County Medcenter reported income of $416k and spending of $154k, leaving 63% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income fell from $453k to $416k (-8.2%), an average of -2.1% a year. The sharpest change came in the year to June 2022, when income dropped by 20%. Over the whole period it spent 42% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Towner County Medcenter sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 63rd percentile within ND. Charities of a similar size with the same main cause include Peggy Lillis Foundation ($416k), Shepherds Godparent Home ($416k) and Mary Valle Foundation for the Cerebral Palsied ($416k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $1.2m against liabilities of $13k, net assets of $1.2m.