Memorial Hospital Medical Staff Association Inc

Analysis

Memorial Hospital Medical Staff Association Inc is a registered charity in United States, based in Tampa, FL. It received its IRS tax-exemption ruling in October 2015, 11 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Memorial Hospital Medical Staff Association Inc reported income of $132k and spending of $60k, leaving 54% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $88k to $132k (+51%), an average of +11% a year. The sharpest change came in the year to December 2023, when income rose by 75%. Over the whole period it spent 40% 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 Medical Staff Association Inc sits at the 33rd percentile: it is larger than about 33% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 48th percentile within FL. Charities of a similar size with the same main cause include Wisconsin Academy of Family Physicians Foundation Inc ($132k), Alliance Against Diabetes ($132k) and Prepare Our Youth Inc ($132k).

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 $402k against liabilities of $0, net assets of $402k.