Butterfield Memorial Foundation

Analysis

Butterfield Memorial Foundation is a registered charity in United States, based in Oklahoma City, OK. It received its IRS tax-exemption ruling in May 2006, 20 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 December 2023, Butterfield Memorial Foundation reported income of $5.1m and spending of $7.2m, spending 140% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $11.7m to $5.1m (-56%), an average of -18% a year. The sharpest change came in the year to December 2021, when income rose by 534%. Over the whole period it spent 73% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Butterfield Memorial Foundation sits at the 79th percentile: it is larger than about 79% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within OK. Charities of a similar size with the same main cause include Coastal Home Health & Hospice Inc ($5.1m), Mercy Hospital Inc ($5.1m) and Converge Inc ($5.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 8.3% and program service revenue 22% of the total. Compensation of current officers, directors and key employees was $532k (7.4% of expenses). Other salaries and wages came to $1.4m. At year end it held assets of $139.8m against liabilities of $3.3m, net assets of $136.5m. It reported 78 employees.