Roosevelt Memorial Health Care Foundation

Analysis

Roosevelt Memorial Health Care Foundation is a registered charity in United States, based in Culbertson, MT. It received its IRS tax-exemption ruling in March 2000, 26 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 April 2023, Roosevelt Memorial Health Care Foundation reported income of $82k and spending of $66k, spending 81% of its income. Across the 5 years on record, from April 2019 to April 2023, income fell from $122k to $82k (-33%), an average of -9.4% a year. The sharpest change came in the year to April 2020, when income dropped by 40%. Over the whole period it spent 62% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Roosevelt Memorial Health Care Foundation sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 32nd percentile, and in the 28th percentile within MT. Charities of a similar size with the same main cause include Latin America Patients Academy Inc ($82k), Faulkton Area Medical Center Foundation Inc ($82k) and Anonymous Alliance of Charitable Organizations Inc ($82k).

On its Form 990 for the period ending April 2023, revenue came from contributions and grants 51% of the total. At year end it held assets of $653k against liabilities of $0, net assets of $653k.