Infirmary Foundation Inc

Analysis

Infirmary Foundation Inc is a registered charity in United States, based in Mobile, AL. It received its IRS tax-exemption ruling in May 1984, 42 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, Infirmary Foundation Inc reported income of $2.2m and spending of $1.5m, leaving 32% of income unspent that year. Across the 4 years on record, from March 2020 to March 2023, income fell from $2.6m to $2.2m (-16%), an average of -5.6% a year. The sharpest change came in the year to March 2023, when income dropped by 21%. Over the whole period it spent 104% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Infirmary Foundation Inc sits at the 72nd percentile: it is larger than about 72% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 90th percentile within AL. Charities of a similar size with the same main cause include National AIDS Memorial Inc ($2.2m), Memorial Hospital Foundation ($2.2m) and United Cerebral Palsy Inc ($2.2m).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 85% of the total. Other salaries and wages came to $457k. At year end it held assets of $38.4m against liabilities of $283k, net assets of $38.1m.