Memorial Hospital Foundation at North Conway Inc

Analysis

Memorial Hospital Foundation at North Conway Inc is a registered charity in United States, based in North Conway, NH. It received its IRS tax-exemption ruling in July 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 September 2023, Memorial Hospital Foundation at North Conway Inc reported income of $476k and spending of $80k, leaving 83% of income unspent that year. The sharpest change came in the year to September 2022, when income dropped by 121%. Over the whole period it spent 21% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Memorial Hospital Foundation at North Conway Inc sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 72nd percentile within NH. Charities of a similar size with the same main cause include Mission Travis Mercy ($476k), Wyoming Childrens Society ($476k) and Alamo Breast Cancer Foundation ($476k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 34% of the total. At year end it held assets of $6.9m against liabilities of $52k, net assets of $6.8m.