Glendive Medical Center Foundation Inc

Analysis

Glendive Medical Center Foundation Inc is a registered charity in United States, based in Glendive, MT. It received its IRS tax-exemption ruling in July 1987, 39 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 June 2023, Glendive Medical Center Foundation Inc reported income of $424k and spending of $233k, leaving 45% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $233k to $424k (+82%), an average of +16% a year. The sharpest change came in the year to June 2021, when income rose by 127%. Over the whole period it spent 43% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Glendive Medical Center Foundation Inc sits at the 52nd percentile: it is larger than about 52% of them. Against every charity in United States with reported income it ranks in the 68th percentile, and in the 69th percentile within MT. Charities of a similar size with the same main cause include Square & Compass Childrens Clinic Inc ($424k), Desert Star Institute for Family Planning Inc ($424k) and The Nest a Womens Center Inc ($424k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 72% of the total. At year end it held assets of $2.9m against liabilities of $14k, net assets of $2.9m.