Floyd Health Care Foundation Inc Floyd Medical Center

Analysis

Floyd Health Care Foundation Inc Floyd Medical Center is a registered charity in United States, based in Rome, GA. It received its IRS tax-exemption ruling in November 1979, 47 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 December 2023, Floyd Health Care Foundation Inc Floyd Medical Center reported income of $521k and spending of $152k, leaving 71% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $664k to $521k (-22%), an average of -5.9% a year. The sharpest change came in the year to December 2023, when income rose by 59%. Over the whole period it spent 66% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Floyd Health Care Foundation Inc Floyd Medical Center sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 75th percentile within GA. Charities of a similar size with the same main cause include Frontier Ambulance Corporation ($521k), Holistic Riding Equestrian Therapy ($521k) and Karla Smith Foundation ($521k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 77% of the total. At year end it held assets of $3.6m against liabilities of $0, net assets of $3.6m.