Community Hospital Foundation

Analysis

Community Hospital Foundation is a registered charity in United States, based in Tallassee, AL. It received its IRS tax-exemption ruling in January 1992, 34 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, Community Hospital Foundation reported income of $72k and spending of $11k, leaving 85% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $44k to $72k (+65%), an average of +13% a year. The sharpest change came in the year to September 2020, when income rose by 4426%. Over the whole period it spent 2.2% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Community Hospital Foundation sits at the 28th percentile: it is larger than about 28% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 27th percentile within AL. Charities of a similar size with the same main cause include Lake Washington Improvement Association Inc ($72k), Circle of Veterans and Families Inc ($72k) and Okoboji Protective Association ($72k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 19% of the total. At year end it held assets of $2.7m against liabilities of $5,500, net assets of $2.7m.