Minneola Health Care Foundation

Analysis

Minneola Health Care Foundation is a registered charity in United States, based in Minneola, KS. It received its IRS tax-exemption ruling in May 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, Minneola Health Care Foundation reported income of $258k and spending of $205k, leaving 21% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $131k to $258k (+96%), an average of +96% a year. The sharpest change came in the year to December 2023, when income rose by 96%. Over the whole period it spent 77% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Minneola Health Care Foundation 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 59th percentile, and in the 59th percentile within KS. Charities of a similar size with the same main cause include Lutheran Care for the Aging ($258k), Providence Business Loan Fund ($258k) and The American Society for the Advancement of General Anesthesia ($258k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 6.6% and program service revenue 34% of the total. At year end it held assets of $573k against liabilities of $264k, net assets of $309k.