Polly Ryon Memorial Hospital Foundation

Analysis

Polly Ryon Memorial Hospital Foundation is a registered charity in United States, based in Richmond, TX. It received its IRS tax-exemption ruling in January 1992, 34 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, Polly Ryon Memorial Hospital Foundation reported income of $3.0m and spending of $88k, leaving 97% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $3.9m to $3.0m (-23%), an average of -6.3% a year. The sharpest change came in the year to December 2023, when income dropped by 22%. Over the whole period it spent 2.4% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Polly Ryon Memorial Hospital Foundation sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 92nd percentile within TX. Charities of a similar size with the same main cause include Tri-State Regional Ambulance Inc ($3.0m), Drogadictos Anonimos USA Inc ($3.0m) and Oklahoma Community Health Centers Inc ($3.0m).

At year end it held assets of $58.5m against liabilities of $0, net assets of $58.5m.