Weatherford Regional Hospital Inc of Weatherford Oklahoma

Analysis

Weatherford Regional Hospital Inc of Weatherford Oklahoma is a registered charity in United States, based in Weatherford, OK. It received its IRS tax-exemption ruling in January 2021, 5 years ago. 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 September 2023, Weatherford Regional Hospital Inc of Weatherford Oklahoma reported income of $209k and spending of $773k, spending 370% of what it took in. Across the 4 years on record, from September 2020 to September 2023, income grew from $57k to $209k (+266%), an average of +54% a year. The sharpest change came in the year to September 2021, when income rose by 287%. Over the whole period it spent 411% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Weatherford Regional Hospital Inc of Weatherford Oklahoma sits at the 53rd percentile: it is larger than about 53% of them. Against every charity in United States with reported income it ranks in the 55th percentile, and in the 56th percentile within OK. Charities of a similar size with the same main cause include The Heartway Inc ($209k), Deltaarts Inc ($209k) and New Rochelle Public Library Foundation Inc ($209k).

At year end it held assets of $14.4m against liabilities of $8.6m, net assets of $5.8m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.