Memorial Hospital Auxiliary Inc

Analysis

Memorial Hospital Auxiliary Inc is a registered charity in United States, based in Hollywood, FL. It received its IRS tax-exemption ruling in June 1968, 58 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Memorial Hospital Auxiliary Inc reported income of $54k and spending of $35k, leaving 36% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $40k to $54k (+36%), an average of +36% a year. The sharpest change came in the year to December 2023, when income rose by 36%. Over the whole period it spent 101% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Memorial Hospital Auxiliary Inc sits at the 21st percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 25th percentile within FL. Charities of a similar size with the same main cause include Alamo Dressage Association ($54k), Hobe Sound Lightning Baseball ($54k) and Swift County Historical Society ($54k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 3.5% and program service revenue 95% of the total. At year end it held assets of $135k against liabilities of $0, net assets of $135k.