Share Medical Center Foundation

Analysis

Share Medical Center Foundation is a registered charity in United States, based in Alva, OK. It received its IRS tax-exemption ruling in June 2001, 25 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 June 2023, Share Medical Center Foundation reported income of $137k and spending of $126k, spending 92% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $127k to $137k (+8.0%), an average of +1.9% a year. The sharpest change came in the year to June 2021, when income rose by 617%. Over the whole period it spent 52% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Share Medical Center Foundation sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 45th percentile, and in the 45th percentile within OK. Charities of a similar size with the same main cause include Healing the Children-Florida Inc ($137k), Midwest Consortium on Problem Gambling and Substance Abuse ($137k) and Faithful Servants Foundation ($137k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 73% of the total. At year end it held assets of $644k against liabilities of $0, net assets of $644k.