Roane General Hospital Foundation Inc

Analysis

Roane General Hospital Foundation Inc is a registered charity in United States, based in Spencer, WV. It received its IRS tax-exemption ruling in May 1997, 29 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Roane General Hospital Foundation Inc reported income of $192k and spending of $2,340, leaving 99% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income fell from $245k to $192k (-22%), an average of -6.0% a year. The sharpest change came in the year to June 2023, when income dropped by 64%. Over the whole period it spent 67% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Roane General Hospital Foundation Inc sits at the 40th percentile: it is larger than about 40% of them. Against every charity in United States with reported income it ranks in the 53rd percentile, and in the 50th percentile within WV. Charities of a similar size with the same main cause include Kamp Kace Inc ($192k), Berkshire Horseworks Inc ($192k) and Girls Night Out Altoona Inc ($192k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 72% of the total. At year end it held assets of $1.2m against liabilities of $0, net assets of $1.2m.