Peacehealth Ketchikan Medical Center Foundation

Analysis

Peacehealth Ketchikan Medical Center Foundation is a registered charity in United States, based in Ketchikan, AK. It received its IRS tax-exemption ruling in September 2004, 22 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 June 2023, Peacehealth Ketchikan Medical Center Foundation reported income of $243k and spending of $269k, spending 111% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $536k to $243k (-55%), an average of -18% a year. The sharpest change came in the year to June 2022, when income rose by 209%. Over the whole period it spent 84% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Peacehealth Ketchikan Medical Center Foundation sits at the 44th percentile: it is larger than about 44% of them. Against every charity in United States with reported income it ranks in the 58th percentile, and in the 52nd percentile within AK. Charities of a similar size with the same main cause include Broadway Youth Center Support Corporation ($243k), Mauli Ola Foundation Breath of Life ($243k) and Progressive Eldercare Services Columbia Inc ($243k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 79% of the total. At year end it held assets of $3.0m against liabilities of $0, net assets of $3.0m.