Yoakum Community Hospital Foundation

Analysis

Yoakum Community Hospital Foundation is a registered charity in United States, based in Yoakum, TX. It received its IRS tax-exemption ruling in February 2012, 14 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 (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Yoakum Community Hospital Foundation reported income of $442k and spending of $8,984, leaving 98% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $166k to $442k (+165%), an average of +28% a year. The sharpest change came in the year to June 2022, when income rose by 1888%. Over the whole period it spent 41% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Yoakum Community Hospital Foundation sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 73rd percentile within TX. Charities of a similar size with the same main cause include Connecting to Care ($442k), Medical & Dental Staff of Holy Cross Hospital of Silver Spring ($442k) and Lukes Foundation ($441k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% of the total. Other salaries and wages came to $750. At year end it held assets of $759k against liabilities of $47, net assets of $759k.