Southwest Medical Center Foundation

Analysis

Southwest Medical Center Foundation is a registered charity in United States, based in Liberal, KS. It received its IRS tax-exemption ruling in December 1980, 46 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 under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Southwest Medical Center Foundation reported income of $280k and spending of $376k, spending 134% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income fell from $371k to $280k (-24%), an average of -8.9% a year. The sharpest change came in the year to June 2022, when income dropped by 58%. Over the whole period it spent 100% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Southwest Medical Center Foundation 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 60th percentile within KS. Charities of a similar size with the same main cause include American Glaucoma Society Foundation ($280k), Simple Living Inc ($280k) and Tulsa Foundation for Health Care Services Inc ($280k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.0% of the total. At year end it held assets of $7.0m against liabilities of $10k, net assets of $7.0m.