Carroll County Memorial Hospital Foundation

Analysis

Carroll County Memorial Hospital Foundation is a registered charity in United States, based in Carrollton, MO. It received its IRS tax-exemption ruling in August 2014, 12 years ago. Its declared purposes cover diseases, disorders and medical disciplines, which this site groups under health and saving lives. 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, Carroll County Memorial Hospital Foundation reported income of $112k and spending of $29k, leaving 74% of income unspent that year. Across the 3 years on record, from June 2021 to June 2023, income grew from $32k to $112k (+247%), an average of +86% a year. The sharpest change came in the year to June 2022, when income rose by 187%. Over the whole period it spent 25% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Carroll County Memorial Hospital Foundation sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 37th percentile within MO. Charities of a similar size with the same main cause include Oklahoma Pharmacists Helping Pharmacists Inc ($112k), Deaconess Health Associations Fund Inc ($112k) and Beth Israel Deaconess Department of Neurology Foundation Inc ($112k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 106% of the total. At year end it held assets of $690k against liabilities of $0, net assets of $690k.