McPherson Healthcare Foundation

Analysis

McPherson Healthcare Foundation is a registered charity in United States, based in McPherson, KS. It received its IRS tax-exemption ruling in April 1988, 38 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 June 2023, McPherson Healthcare Foundation reported income of $395k and spending of $486k, spending 123% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $227k to $395k (+74%), an average of +15% a year. The sharpest change came in the year to June 2020, when income rose by 177%. Over the whole period it spent 199% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, McPherson Healthcare Foundation sits at the 51st percentile: it is larger than about 51% of them. Against every charity in United States with reported income it ranks in the 66th percentile, and in the 67th percentile within KS. Charities of a similar size with the same main cause include The Pregnancy Care Center Inc ($395k), My Breast Cancer Support ($395k) and Sickle Cell Association ($395k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 83% of the total. At year end it held assets of $2.4m against liabilities of $0, net assets of $2.4m.

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.