Foundation of Monongalia General Hospital Inc

Analysis

Foundation of Monongalia General Hospital Inc is a registered charity in United States, based in Morgantown, WV. It received its IRS tax-exemption ruling in June 1978, 48 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 December 2023, Foundation of Monongalia General Hospital Inc reported income of $1.4m and spending of $596k, leaving 56% of income unspent that year. Across the 6 years on record, from June 2019 to December 2023, income grew from $1.2m to $1.4m (+8.3%), an average of +1.6% a year. The sharpest change came in the year to June 2021, when income rose by 71%. Over the whole period it spent 87% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Foundation of Monongalia General Hospital Inc sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 81st percentile within WV. Charities of a similar size with the same main cause include Nvna Works Inc ($1.3m), Pleasant Haven Inc ($1.4m) and International Society for Children with Cancer ($1.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 101% of the total. At year end it held assets of $11.1m against liabilities of $46k, net assets of $11.1m.