Decatur General Hospital Foundation Inc

Analysis

Decatur General Hospital Foundation Inc is a registered charity in United States, based in Decatur, AL. It received its IRS tax-exemption ruling in October 1985, 41 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 March 2023, Decatur General Hospital Foundation Inc reported income of $497k and spending of $604k, spending 122% of what it took in. Across the 5 years on record, from March 2019 to March 2023, income fell from $578k to $497k (-14%), an average of -3.7% a year. The sharpest change came in the year to March 2021, when income rose by 68%. Over the whole period it spent 95% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Decatur General Hospital Foundation Inc sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 73rd percentile within AL. Charities of a similar size with the same main cause include Jeffrey Pride Foundation Inc ($497k), Rose City Center ($497k) and Gadsden Community Health Council Inc ($497k).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 78% and program service revenue 3.9% of the total. At year end it held assets of $968k against liabilities of $30k, net assets of $938k.