Margaret Mary Health Foundation Inc

Analysis

Margaret Mary Health Foundation Inc is a registered charity in United States, based in Batesville, IN. It received its IRS tax-exemption ruling in November 2013, 13 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 December 2023, Margaret Mary Health Foundation Inc reported income of $748k and spending of $411k, leaving 45% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $828k to $748k (-9.7%), an average of -2.5% a year. Over the whole period it spent 48% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Margaret Mary Health Foundation Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 76th percentile within IN. Charities of a similar size with the same main cause include Ellison Center ($748k), Sudlersville Fire Company Incorporated ($748k) and American Friends of Gateshead Talmudical College ($748k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 54% of the total. Other salaries and wages came to $123k. At year end it held assets of $6.8m against liabilities of $50k, net assets of $6.7m.