West Tennessee Healthcare Foundation

Analysis

West Tennessee Healthcare Foundation is a registered charity in United States, based in Jackson, TN. It received its IRS tax-exemption ruling in August 1986, 40 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, West Tennessee Healthcare Foundation reported income of $7.4m and spending of $6.6m, spending 89% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $10.5m to $7.4m (-29%), an average of -8.3% a year. The sharpest change came in the year to June 2021, when income rose by 142%. Over the whole period it spent 68% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, West Tennessee Healthcare Foundation sits at the 82nd percentile: it is larger than about 82% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 95th percentile within TN. Charities of a similar size with the same main cause include Horizon Health Services Inc ($7.4m), Matthew 25 Inc ($7.4m) and Untold Inc ($7.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 88% of the total. At year end it held assets of $53.4m against liabilities of $181k, net assets of $53.2m.