Sheridan County Memorial Hospital Foundation

Analysis

Sheridan County Memorial Hospital Foundation is a registered charity in United States, based in Sheridan, WY. It received its IRS tax-exemption ruling in March 1977, 49 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 June 2023, Sheridan County Memorial Hospital Foundation reported income of $3.8m and spending of $1.2m, leaving 67% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.2m to $3.8m (+223%), an average of +34% a year. The sharpest change came in the year to June 2021, when income rose by 497%. 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, Sheridan County Memorial Hospital Foundation sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 94th percentile within WY. Charities of a similar size with the same main cause include Rush County Nursing Home ($3.8m), Fairview Extended Care Services Inc ($3.8m) and Medical Center Ambulance Service Inc ($3.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 97% of the total. At year end it held assets of $16.1m against liabilities of $0, net assets of $16.1m.