Athens-Limestone Hospital Foundation Inc

Analysis

Athens-Limestone Hospital Foundation Inc is a registered charity in United States, based in Athens, AL. It received its IRS tax-exemption ruling in December 2001, 25 years ago. Its declared purposes cover education, which this site groups under education and training. 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 June 2024, Athens-Limestone Hospital Foundation Inc reported income of $557k and spending of $436k, leaving 22% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income grew from $262k to $557k (+112%), an average of +21% a year. The sharpest change came in the year to June 2024, when income rose by 40%. Over the whole period it spent 88% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Athens-Limestone Hospital Foundation Inc sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 75th percentile within AL. Charities of a similar size with the same main cause include Swan School ($557k), Kings Wood Montessori School ($557k) and Playmates Inc ($557k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 107% of the total. Other salaries and wages came to $151k. At year end it held assets of $691k against liabilities of $216k, net assets of $475k.