Marshall Hospital Foundation

Analysis

Marshall Hospital Foundation is a registered charity in United States, based in Marshall, TX. It received its IRS tax-exemption ruling in February 1997, 29 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Marshall Hospital Foundation reported income of $55k and spending of $518, leaving 99% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income fell from $172k to $55k (-68%), an average of -25% a year. The sharpest change came in the year to June 2023, when income rose by 55%. Over the whole period it spent 204% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Marshall Hospital Foundation sits at the 27th percentile: it is larger than about 27% of them. Against every charity in United States with reported income it ranks in the 21st percentile, and in the 22nd percentile within TX. Charities of a similar size with the same main cause include Alameda Welfare Council Inc ($55k), Newtown Lions Foundation Inc ($55k) and Realtor Association of Pioneer Valley Charitable Education Fund ($55k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 65% of the total. At year end it held assets of $266k against liabilities of $1,867, net assets of $264k.