Manchester Medical Center Foundation Ltd

Analysis

Manchester Medical Center Foundation Ltd is a registered charity in United States, based in Manchestr Ctr, VT. It received its IRS tax-exemption ruling in May 2019, 7 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 December 2023, Manchester Medical Center Foundation Ltd reported income of $61k and spending of $124k, spending 203% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income fell from $280k to $61k (-78%), an average of -40% a year. The sharpest change came in the year to December 2021, when income rose by 166%. Over the whole period it spent 67% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Manchester Medical Center Foundation Ltd sits at the 19th percentile: it is larger than about 19% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 16th percentile within VT. Charities of a similar size with the same main cause include Scott Sipple Foundation ($61k), Maryland Public Health Association Inc ($61k) and Eye-Link Foundation ($61k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 85% of the total. At year end it held assets of $370k against liabilities of $0, net assets of $370k.