Foundation of Neosho Memorial Regional Medical Center Inc

Analysis

Foundation of Neosho Memorial Regional Medical Center Inc is a registered charity in United States, based in Chanute, KS. It received its IRS tax-exemption ruling in June 2014, 12 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 under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Foundation of Neosho Memorial Regional Medical Center Inc reported income of $943k and spending of $1.1m, spending 112% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $96k to $943k (+882%), an average of +77% a year. The sharpest change came in the year to December 2021, when income rose by 157%. Over the whole period it spent 103% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Foundation of Neosho Memorial Regional Medical Center Inc sits at the 63rd percentile: it is larger than about 63% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 79th percentile within KS. Charities of a similar size with the same main cause include Childrens Hospital Association Incorporated ($942k), BVCHC Support Corporation ($943k) and Hereditary Neurological Disease Centre Inc ($942k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 99% of the total. It paid $84k in professional fundraising fees. At year end it held assets of $336k against liabilities of $630, net assets of $336k.