Boone County Health Center Foundation

Analysis

Boone County Health Center Foundation is a registered charity in United States, based in Albion, NE. It received its IRS tax-exemption ruling in August 1988, 38 years ago. 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 September 2023, Boone County Health Center Foundation reported income of $333k and spending of $236k, leaving 29% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income fell from $478k to $333k (-30%), an average of -8.6% a year. The sharpest change came in the year to September 2022, when income rose by 129%. Over the whole period it spent 41% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Boone County Health Center Foundation sits at the 62nd percentile: it is larger than about 62% of them. Against every charity in United States with reported income it ranks in the 64th percentile, and in the 63rd percentile within NE. Charities of a similar size with the same main cause include Friends of Pir Inc ($333k), Pegasus Riding Academy for the Handicapped ($333k) and Abrahams Blessings International- Waweza Movement Inc ($333k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 64% and program service revenue 30% of the total. At year end it held assets of $3.1m against liabilities of $11k, net assets of $3.1m.