Crossett Health Foundation

Analysis

Crossett Health Foundation is a registered charity in United States, based in Crossett, AR. It received its IRS tax-exemption ruling in October 1947, 79 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Crossett Health Foundation reported income of $42.0m and spending of $41.7m, spending 99% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $36.6m to $42.0m (+15%), an average of +3.5% a year. Over the whole period it spent 99% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Crossett Health Foundation sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 99th percentile within AR. Charities of a similar size with the same main cause include Johnson County Regional Hospital ($41.9m), Aspire Indiana Inc ($42.0m) and Gateways Hospital & Mental Health Center ($41.9m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 6.0% and program service revenue 87% of the total. Compensation of current officers, directors and key employees was $221k (0.5% of expenses). Other salaries and wages came to $20.2m. At year end it held assets of $23.1m against liabilities of $11.3m, net assets of $11.8m. It reported 405 employees.