Trego Hospital Endowment Foundation Inc

Analysis

Trego Hospital Endowment Foundation Inc is a registered charity in United States, based in Wakeeney, KS. It received its IRS tax-exemption ruling in June 1987, 39 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Trego Hospital Endowment Foundation Inc reported income of $251k and spending of $69k, leaving 73% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $53k to $251k (+377%), an average of +48% a year. The sharpest change came in the year to December 2023, when income rose by 342%. Over the whole period it spent 62% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Trego Hospital Endowment Foundation Inc sits at the 57th percentile: it is larger than about 57% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 58th percentile within KS. Charities of a similar size with the same main cause include Water Association of Kern County ($251k), Habitat for Humanity International Inc ($251k) and Montgomery Township Baseball League Inc ($251k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 86% of the total. Other salaries and wages came to $24k. At year end it held assets of $1.6m against liabilities of $0, net assets of $1.6m.