Oconee Medical Holding

Analysis

Oconee Medical Holding is a registered charity in United States, based in Seneca, SC. It received its IRS tax-exemption ruling in January 1956, 70 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Oconee Medical Holding reported income of $3.7m and spending of $2.5m, leaving 33% of income unspent that year. The sharpest change came in the year to September 2023, when income rose by 82%. Over the whole period it spent 156% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Oconee Medical Holding sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 93rd percentile within SC. Charities of a similar size with the same main cause include Partnership for Better Health ($3.7m), Eastern Oregon Alcoholism Foundation ($3.7m) and Niobrara Valley Hospital Corporation ($3.7m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 171% of the total. At year end it held assets of $32.1m against liabilities of $0, net assets of $32.1m.