Natchitoches Regional Medical Center Foundation

Analysis

Natchitoches Regional Medical Center Foundation is a registered charity in United States, based in Natchitoches, LA. It received its IRS tax-exemption ruling in August 2006, 20 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 (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Natchitoches Regional Medical Center Foundation reported income of $460k and spending of $200k, leaving 56% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $151k to $460k (+205%), an average of +32% a year. The sharpest change came in the year to June 2022, when income rose by 204%. Over the whole period it spent 102% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Natchitoches Regional Medical Center Foundation sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 68th percentile within LA. Charities of a similar size with the same main cause include Pattenburg Rescue Squad Inc ($460k), Medical-Dental Staff of Morristown Memorial Hospital ($460k) and Joseph Home Inc ($460k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 107% of the total. At year end it held assets of $1.6m against liabilities of $0, net assets of $1.6m.