Hendry Regional Medical Center Foundation Inc

Analysis

Hendry Regional Medical Center Foundation Inc is a registered charity in United States, based in Clewiston, FL. It received its IRS tax-exemption ruling in February 1999, 27 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 September 2023, Hendry Regional Medical Center Foundation Inc reported income of $440k and spending of $131k, leaving 70% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $301k to $440k (+46%), an average of +9.9% a year. The sharpest change came in the year to September 2021, when income rose by 67%. Over the whole period it spent 86% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Hendry Regional Medical Center Foundation Inc sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 71st percentile within FL. Charities of a similar size with the same main cause include High & Mighty Therapeutic Riding and Driving Center Inc ($440k), Open Door Re-Entry and Recovery Ministry Inc ($440k) and Astoria Queens Share-Ing and Care -Ing Inc ($440k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 79% and program service revenue 20% of the total. At year end it held assets of $644k against liabilities of $1,277, net assets of $643k.