White River Medical Center Foundation Inc

Analysis

White River Medical Center Foundation Inc is a registered charity in United States, based in Batesville, AR. It received its IRS tax-exemption ruling in October 1993, 33 years ago. 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, White River Medical Center Foundation Inc reported income of $1.4m and spending of $751k, leaving 45% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $637k to $1.4m (+114%), an average of +21% a year. The sharpest change came in the year to September 2022, when income rose by 83%. Over the whole period it spent 75% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, White River Medical Center Foundation Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 84th percentile within AR. Charities of a similar size with the same main cause include Michigan Transportation Connection ($1.4m), Lutheran Residence Corporation ($1.4m) and Palmyra Area Interfaith Housing Council ($1.4m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 99% of the total. Other salaries and wages came to $121k. At year end it held assets of $3.5m against liabilities of $4.6m, net assets of -$1.1m.