Cherokee Indian Hospital Foundation

Analysis

Cherokee Indian Hospital Foundation is a registered charity in United States, based in Cherokee, NC. It received its IRS tax-exemption ruling in July 2009, 17 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 September 2023, Cherokee Indian Hospital Foundation reported income of $179k and spending of $161k, spending 90% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $154k to $179k (+17%), an average of +3.9% a year. The sharpest change came in the year to September 2022, when income rose by 2623%. Over the whole period it spent 64% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Cherokee Indian Hospital Foundation sits at the 39th percentile: it is larger than about 38% of them. Against every charity in United States with reported income it ranks in the 51st percentile, and in the 49th percentile within NC. Charities of a similar size with the same main cause include Breaking Free Therapeutic Riding Center Inc ($179k), Combat Hero Bike Build Inc ($179k) and Clark Volunteer Emergency Squad Inc ($179k).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 68% of the total. Other salaries and wages came to $32k. At year end it held assets of $643k against liabilities of $15k, net assets of $629k.