Princeton Community Hospital Foundation Inc

Analysis

Princeton Community Hospital Foundation Inc is a registered charity in United States, based in Princeton, WV. It received its IRS tax-exemption ruling in February 1990, 36 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Princeton Community Hospital Foundation Inc reported income of $962k and spending of $938k, spending 97% of its income. Across the 6 years on record, from June 2019 to December 2023, income fell from $1.7m to $962k (-42%), an average of -10% a year. The sharpest change came in the year to December 2023, when income dropped by 44%. Over the whole period it spent 95% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Princeton Community Hospital Foundation Inc sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 79th percentile, and in the 77th percentile within WV. Charities of a similar size with the same main cause include Patient Assistance Foundation ($962k), Montefiore Nyack Hospital Foundation Inc ($962k) and Vermont Association for Mental Health and Addiction Recovery Inc ($962k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 19% and program service revenue 74% of the total. Compensation of current officers, directors and key employees was $67k (7.1% of expenses). Other salaries and wages came to $294k. At year end it held assets of $8.7m against liabilities of $1.6m, net assets of $7.1m. It reported 101 employees.