Towner County Hospital Authority

Analysis

Towner County Hospital Authority is a registered charity in United States, based in Cando, ND. It received its IRS tax-exemption ruling in May 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 June 2023, Towner County Hospital Authority reported income of $1.7m and spending of $506k, leaving 71% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $272k to $1.7m (+543%), an average of +59% a year. The sharpest change came in the year to June 2022, when income rose by 1212%. Over the whole period it spent 20% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Towner County Hospital Authority sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 83rd percentile within ND. Charities of a similar size with the same main cause include Mammoth Lakes Foundation ($1.7m), Civic Federation ($1.7m) and Fisher House Michigan ($1.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 89% and program service revenue 11% of the total. At year end it held assets of $24.4m against liabilities of $19.1m, net assets of $5.3m.