The Clay County Hospital Foundation

Analysis

The Clay County Hospital Foundation is a registered charity in United States, based in Clay Center, KS. It received its IRS tax-exemption ruling in June 1988, 38 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, The Clay County Hospital Foundation reported income of $53k and spending of $8,723, leaving 83% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $145k to $53k (-63%), an average of -22% a year. The sharpest change came in the year to December 2021, when income rose by 340%. Over the whole period it spent 76% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Clay County Hospital Foundation sits at the 20th percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 18th percentile within KS. Charities of a similar size with the same main cause include Newstead Historical Society ($53k), Achilles Figure Skating Club ($53k) and PTA New York Congress ($53k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 57% of the total. At year end it held assets of $1.4m against liabilities of $0, net assets of $1.4m.