Mitchell County Community Hospital Endowment Fund

Analysis

Mitchell County Community Hospital Endowment Fund is a registered charity in United States, based in Beloit, KS. It received its IRS tax-exemption ruling in September 1993, 33 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Mitchell County Community Hospital Endowment Fund reported income of $558k and spending of $252k, leaving 55% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $488k to $558k (+14%), an average of +3.4% a year. The sharpest change came in the year to December 2023, when income rose by 58%. Over the whole period it spent 58% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Mitchell County Community Hospital Endowment Fund sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 73rd percentile within KS. Charities of a similar size with the same main cause include Holy Family Special Needs Foundation ($558k), SF Clout ($558k) and Lakeshore Day Care Center Inc ($558k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.0% of the total. At year end it held assets of $3.2m against liabilities of $0, net assets of $3.2m.