Graham Hospital Foundation

Analysis

Graham Hospital Foundation is a registered charity in United States, based in Graham, TX. It received its IRS tax-exemption ruling in November 1997, 29 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 December 2023, Graham Hospital Foundation reported income of $293k and spending of $897k, spending 306% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income grew from $278k to $293k (+5.4%), an average of +2.7% a year. The sharpest change came in the year to December 2022, when income rose by 117%. Over the whole period it spent 76% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Graham Hospital Foundation sits at the 47th percentile: it is larger than about 47% of them. Against every charity in United States with reported income it ranks in the 61st percentile, and in the 66th percentile within TX. Charities of a similar size with the same main cause include Houses with Hope Inc ($293k), Epic Foundation Inc ($294k) and Zack Heger Foundation Inc ($293k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $320k against liabilities of $0, net assets of $320k.