The Wilson Memorial Hospital Foundation

Analysis

The Wilson Memorial Hospital Foundation is a registered charity in United States, based in Sidney, OH. It received its IRS tax-exemption ruling in March 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, The Wilson Memorial Hospital Foundation reported income of $1.3m and spending of $820k, leaving 37% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $1.4m to $1.3m (-6.9%), an average of -1.8% a year. The sharpest change came in the year to December 2021, when income rose by 142%. Over the whole period it spent 53% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The Wilson Memorial Hospital Foundation sits at the 81st percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 82nd percentile within OH. Charities of a similar size with the same main cause include Cardinal Productions ($1.3m), Mertens House Inc ($1.3m) and Cumberland County Campus Educational Foundation ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 45% of the total. Other salaries and wages came to $176k. At year end it held assets of $15.7m against liabilities of $0, net assets of $15.7m.