St Francis Memorial Hospital Foundation

Analysis

St Francis Memorial Hospital Foundation is a registered charity in United States, based in West Point, NE. It received its IRS tax-exemption ruling in December 1981, 45 years ago. 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 December 2023, St Francis Memorial Hospital Foundation reported income of $101k and spending of $137k, spending 135% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $404k to $101k (-75%), an average of -29% a year. The sharpest change came in the year to December 2020, when income dropped by 74%. Over the whole period it spent 118% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, St Francis Memorial Hospital Foundation sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 37th percentile, and in the 36th percentile within NE. Charities of a similar size with the same main cause include The Dresden Senior Community Inc ($101k), Aris Elijah Pugal Foundation USA ($101k) and St Ansgars Scandinavian Catholic League of New York ($101k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 60% of the total. At year end it held assets of $592k against liabilities of $0, net assets of $592k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.