Elbert Memorial Hospital Foundation Inc

Analysis

Elbert Memorial Hospital Foundation Inc is a registered charity in United States, based in Elberton, GA. It received its IRS tax-exemption ruling in October 1995, 31 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Elbert Memorial Hospital Foundation Inc reported income of $82k and spending of $216k, spending 262% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $771k to $82k (-89%), an average of -43% a year. The sharpest change came in the year to June 2023, when income dropped by 78%. Over the whole period it spent 116% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Elbert Memorial Hospital Foundation Inc sits at the 38th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 33rd percentile within GA. Charities of a similar size with the same main cause include Lakewood Project Shepherd a Calif Nonprofit Public Benefit Corp ($82k), Wiegel Strong Foundation Inc ($82k) and Higgins Branchini Shooting Foundation ($82k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 151% of the total. Other salaries and wages came to $17k. At year end it held assets of $2.7m against liabilities of $5,077, net assets of $2.7m.