Weiser Memorial Hospital Foundation Inc

Analysis

Weiser Memorial Hospital Foundation Inc is a registered charity in United States, based in Weiser, ID. It received its IRS tax-exemption ruling in December 2000, 26 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Weiser Memorial Hospital Foundation Inc reported income of $623k and spending of $529k, spending 85% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $105k to $623k (+495%), an average of +56% a year. The sharpest change came in the year to June 2021, when income rose by 100%. Over the whole period it spent 83% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Weiser Memorial Hospital Foundation Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 73rd percentile, and in the 78th percentile within ID. Charities of a similar size with the same main cause include Lincoln County Community Development Corporation ($622k), Driscoll Family Foundation ($624k) and Curtis L Carlson Family Foundation for the University of Minnesota ($622k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 86% of the total. At year end it held assets of $765k against liabilities of $296k, net assets of $469k.