Abbeville Area Medical Center Foundation

Analysis

Abbeville Area Medical Center Foundation is a registered charity in United States, based in Abbeville, SC. It received its IRS tax-exemption ruling in August 2001, 25 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 (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Abbeville Area Medical Center Foundation reported income of $140k and spending of $81k, leaving 42% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $97k to $140k (+44%), an average of +9.5% a year. The sharpest change came in the year to September 2023, when income rose by 43%. Over the whole period it spent 103% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Abbeville Area Medical Center Foundation sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 51st percentile within SC. Charities of a similar size with the same main cause include Canopy Scholars ($140k), Recovery Support and Personal Growth Alliance Inc ($140k) and Henrietta Fire Company No 1 Inc ($140k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 58% of the total. At year end it held assets of $332k against liabilities of $0, net assets of $332k.