White County Medical Foundation

Analysis

White County Medical Foundation is a registered charity in United States, based in Searcy, AR. It received its IRS tax-exemption ruling in April 1998, 28 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 supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, White County Medical Foundation reported income of $399k and spending of $28k, leaving 93% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income fell from $1.0m to $399k (-61%), an average of -21% a year. The sharpest change came in the year to September 2022, when income dropped by 46%. Over the whole period it spent 46% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, White County Medical Foundation sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 67th percentile, and in the 68th percentile within AR. Charities of a similar size with the same main cause include Philanthropy Tank Inc ($399k), Tusk Montgomery Charitable Foundation Inc ($399k) and William B Travis Foundation Inc ($398k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 89% of the total. At year end it held assets of $4.2m against liabilities of $0, net assets of $4.2m.