Hugh Chatham Memorial Hospital Auxiliary

Analysis

Hugh Chatham Memorial Hospital Auxiliary is a registered charity in United States, based in Elkin, NC. It received its IRS tax-exemption ruling in December 1988, 38 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 September 2023, Hugh Chatham Memorial Hospital Auxiliary reported income of $79k and spending of $60k, leaving 24% of income unspent that year. Across the 2 years on record, from September 2022 to September 2023, income grew from $61k to $79k (+28%), an average of +28% a year. The sharpest change came in the year to September 2023, when income rose by 28%. Over the whole period it spent 77% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Hugh Chatham Memorial Hospital Auxiliary sits at the 23rd percentile: it is larger than about 23% of them. Against every charity in United States with reported income it ranks in the 31st percentile, and in the 29th percentile within NC. Charities of a similar size with the same main cause include Sims Strong Foundation ($79k), Glimmer of Hope Foundation ($79k) and Completecare Family Health Foundation ($79k).

On its Form 990-EZ for the period ending September 2023, revenue came from contributions and grants 5.1% of the total. At year end it held assets of $224k against liabilities of $86k, net assets of $139k.