Northwest Medical Center Foundation Inc

Analysis

Northwest Medical Center Foundation Inc is a registered charity in United States, based in Albany, MO. It received its IRS tax-exemption ruling in August 2016, 10 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Northwest Medical Center Foundation Inc reported income of $281k and spending of $526k, spending 187% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $199k to $281k (+41%), an average of +9.0% a year. The sharpest change came in the year to June 2022, when income rose by 22%. Over the whole period it spent 162% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Northwest Medical Center Foundation Inc sits at the 46th percentile: it is larger than about 46% of them. Against every charity in United States with reported income it ranks in the 60th percentile, and in the 58th percentile within MO. Charities of a similar size with the same main cause include Auto-Immune Hepatitis Association ($281k), 180 Center Inc ($281k) and Nightengales Harvest ($281k).

At year end it held assets of $10.5m against liabilities of $15k, net assets of $10.5m.

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.