Huron Clinic Foundation Inc

Analysis

Huron Clinic Foundation Inc is a registered charity in United States, based in Huron, SD. It received its IRS tax-exemption ruling in February 1947, 79 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Huron Clinic Foundation Inc reported income of $3.1m and spending of $3.0m, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.4m to $3.1m (+29%), an average of +6.6% a year. Over the whole period it spent 95% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Huron Clinic Foundation Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 88th percentile within SD. Charities of a similar size with the same main cause include The Center to Advance Consumer Partnership Inc ($3.1m), Commack Volunteer Ambulance Corps ($3.1m) and United Methodist Homes Foundation ($3.1m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 98% of the total. Other salaries and wages came to $823k. At year end it held assets of $3.3m against liabilities of $134k, net assets of $3.2m. It reported 31 employees.