Conway Hospital Foundation Inc

Analysis

Conway Hospital Foundation Inc is a registered charity in United States, based in Conway, SC. It received its IRS tax-exemption ruling in March 1989, 37 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 September 2023, Conway Hospital Foundation Inc reported income of $777k and spending of $353k, leaving 55% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income fell from $1.0m to $777k (-25%), an average of -7.0% a year. The sharpest change came in the year to September 2022, when income rose by 183%. Over the whole period it spent 37% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Conway Hospital Foundation Inc sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 80th percentile within SC. Charities of a similar size with the same main cause include Apfed ($777k), Cazenovia Area Volunteer Ambulance Corps Inc ($777k) and Crisis Pregnancy Center Inc ($776k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 72% of the total. At year end it held assets of $6.9m against liabilities of $23k, net assets of $6.9m.