Mary Lanning Healthcare Foundation

Analysis

Mary Lanning Healthcare Foundation is a registered charity in United States, based in Hastings, NE. It received its IRS tax-exemption ruling in January 1997, 29 years ago. Its declared purposes cover human services, which this site groups under poverty relief. 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 December 2023, Mary Lanning Healthcare Foundation reported income of $1.6m and spending of $5.8m, spending 373% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.1m to $1.6m (+45%), an average of +9.7% a year. The sharpest change came in the year to December 2020, when income rose by 76%. Over the whole period it spent 105% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Mary Lanning Healthcare Foundation sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 84th percentile within NE. Charities of a similar size with the same main cause include Game Changers Foundation Inc ($1.6m), Families Inc ($1.6m) and Exploring Life Inc ($1.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 49% of the total. Other salaries and wages came to $228k. At year end it held assets of $7.7m against liabilities of $28k, net assets of $7.7m.