McDonough District Hospital Foundation Inc

Analysis

McDonough District Hospital Foundation Inc is a registered charity in United States, based in Macomb, IL. It received its IRS tax-exemption ruling in September 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 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, McDonough District Hospital Foundation Inc reported income of $534k and spending of $398k, leaving 25% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income fell from $574k to $534k (-7.0%), an average of -1.8% a year. The sharpest change came in the year to June 2022, when income rose by 322%. Over the whole period it spent 94% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, McDonough District Hospital Foundation Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 71st percentile within IL. Charities of a similar size with the same main cause include Recovery on Water Inc ($534k), Jennifer Claire Moore Foundation Inc ($534k) and Cancer Support Services Inc ($534k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 57% of the total. At year end it held assets of $5.0m against liabilities of $6,069, net assets of $5.0m.