Warren Memorial Hospital Foundation Inc

Analysis

Warren Memorial Hospital Foundation Inc is a registered charity in United States, based in Friend, NE. It received its IRS tax-exemption ruling in March 1992, 34 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, Warren Memorial Hospital Foundation Inc reported income of $308k and spending of $350k, spending 114% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $123k to $308k (+150%), an average of +26% a year. The sharpest change came in the year to September 2023, when income rose by 164%. Over the whole period it spent 100% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Warren Memorial Hospital Foundation Inc sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 62nd percentile, and in the 61st percentile within NE. Charities of a similar size with the same main cause include Little League Baseball Inc ($308k), Global Ties Akron ($308k) and The Chinese International School Foundation ($308k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 74% of the total. At year end it held assets of $2.0m against liabilities of $1.8m, net assets of $193k.