Memorial Hospital Auxiliary Inc

Analysis

Memorial Hospital Auxiliary Inc is a registered charity in United States, based in Gulfport, MS. It received its IRS tax-exemption ruling in January 1990, 36 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Memorial Hospital Auxiliary Inc reported income of $56k and spending of $99k, spending 176% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $175k to $56k (-68%), an average of -43% a year. The sharpest change came in the year to December 2023, when income dropped by 63%. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Memorial Hospital Auxiliary Inc sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 22nd percentile, and in the 23rd percentile within MS. Charities of a similar size with the same main cause include West Valley Genealogical Society Inc ($56k), PTA New Jersey Congress of Parents & Teachers ($56k) and Lawrence Hidden Valley Committee Inc ($56k).

At year end it held assets of $391k against liabilities of $2,890, net assets of $388k.