Windom Area Hospital Foundation Inc

Analysis

Windom Area Hospital Foundation Inc is a registered charity in United States, based in Windom, MN. It received its IRS tax-exemption ruling in July 2003, 23 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 April 2024, Windom Area Hospital Foundation Inc reported income of $66k and spending of $48k, leaving 28% of income unspent that year. Across the 4 years on record, from April 2021 to April 2024, income grew from $57k to $66k (+15%), an average of +4.9% a year. The sharpest change came in the year to April 2023, when income rose by 550%. Over the whole period it spent 77% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Windom Area Hospital Foundation Inc sits at the 20th percentile: it is larger than about 20% of them. Against every charity in United States with reported income it ranks in the 26th percentile, and in the 23rd percentile within MN. Charities of a similar size with the same main cause include Austin Strong Foundation Inc ($66k), Sharing Place Inc ($66k) and Northwest Alano Club of Tucson Inc ($66k).

On its Form 990 for the period ending April 2024, revenue came from contributions and grants 100% of the total. At year end it held assets of $483k against liabilities of $0, net assets of $483k.