Redfield Community Memorial Hospital and Clinic Foundation

Analysis

Redfield Community Memorial Hospital and Clinic Foundation is a registered charity in United States, based in Redfield, SD. It received its IRS tax-exemption ruling in October 1997, 29 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 December 2023, Redfield Community Memorial Hospital and Clinic Foundation reported income of $95k and spending of $36k, leaving 62% of income unspent that year. Across the 3 years on record, from December 2021 to December 2023, income fell from $176k to $95k (-46%), an average of -26% a year. The sharpest change came in the year to December 2022, when income dropped by 58%. Over the whole period it spent 12% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Redfield Community Memorial Hospital and Clinic Foundation sits at the 41st percentile: it is larger than about 41% of them. Against every charity in United States with reported income it ranks in the 36th percentile, and in the 30th percentile within SD. Charities of a similar size with the same main cause include Stayton Public Library Foundation ($95k), East-West Philanthropy Forum ($95k) and Lee County Bar Association Foundation Inc ($95k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 93% of the total. At year end it held assets of $614k against liabilities of $0, net assets of $614k.