Fredonia Regional Health Care Foundation Inc

Analysis

Fredonia Regional Health Care Foundation Inc is a registered charity in United States, based in Fredonia, KS. It received its IRS tax-exemption ruling in January 1994, 32 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, Fredonia Regional Health Care Foundation Inc reported income of $144k and spending of $29k, leaving 80% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $100k to $144k (+44%), an average of +9.5% a year. The sharpest change came in the year to December 2022, when income rose by 87%. Over the whole period it spent 35% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Fredonia Regional Health Care Foundation Inc sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 45th percentile within KS. Charities of a similar size with the same main cause include Little League Baseball Inc ($144k), Western Mass Emergency Medical Services Committee Inc ($144k) and Washington Blues Society ($144k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.1% of the total. Other salaries and wages came to $10k. At year end it held assets of $2.5m against liabilities of $10k, net assets of $2.5m.