Jackson Hospital Foundation Inc

Analysis

Jackson Hospital Foundation Inc is a registered charity in United States, based in Montgomery, AL. It received its IRS tax-exemption ruling in November 1978, 48 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Jackson Hospital Foundation Inc reported income of $543k and spending of $741k, spending 136% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income fell from $563k to $543k (-3.6%), an average of -1.2% a year. The sharpest change came in the year to June 2021, when income rose by 72%. Over the whole period it spent 100% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Jackson Hospital Foundation Inc sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 74th percentile within AL. Charities of a similar size with the same main cause include Matrics Assessment Inc ($543k), Canton Human Services Initiatives Inc ($543k) and Alpha Pregnancy Center of Palm Coast Inc ($543k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 92% of the total. At year end it held assets of $3.3m against liabilities of $36k, net assets of $3.3m.