Colquitt Regional Medical Foundation Inc

Analysis

Colquitt Regional Medical Foundation Inc is a registered charity in United States, based in Moultrie, GA. It received its IRS tax-exemption ruling in October 1990, 36 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, Colquitt Regional Medical Foundation Inc reported income of $896k and spending of $230k, leaving 74% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $791k to $896k (+13%), an average of +3.1% a year. The sharpest change came in the year to September 2021, when income rose by 226%. Over the whole period it spent 38% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Colquitt Regional Medical Foundation Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 81st percentile within GA. Charities of a similar size with the same main cause include Ma-Yi Filipino Theatre Ensemble Inc ($896k), The Pete du Pont Freedom Foundation LLC ($896k) and Home Health Care Professionals Inc ($896k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 71% of the total. At year end it held assets of $11.1m against liabilities of $150k, net assets of $11.0m.