Sampson Regional Medical Center Foundation Inc

Analysis

Sampson Regional Medical Center Foundation Inc is a registered charity in United States, based in Clinton, NC. It received its IRS tax-exemption ruling in July 1992, 34 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 September 2023, Sampson Regional Medical Center Foundation Inc reported income of $138k and spending of $84k, leaving 39% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $81k to $138k (+70%), an average of +14% a year. The sharpest change came in the year to September 2022, when income rose by 260%. Over the whole period it spent 60% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Sampson Regional Medical Center Foundation Inc sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 43rd percentile within NC. Charities of a similar size with the same main cause include Son Light House ($138k), Rose Scharlin Cooperative Nursery School ($138k) and Cherry Creek High School Band Parents Association ($138k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 90% of the total. At year end it held assets of $1.1m against liabilities of $807k, net assets of $254k.