Artesia General Hospital Foundation

Analysis

Artesia General Hospital Foundation is a registered charity in United States, based in Artesia, NM. It received its IRS tax-exemption ruling in August 2018, 8 years ago. Its declared purposes cover education, which this site groups under education and training. 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, Artesia General Hospital Foundation reported income of $819k and spending of $619k, leaving 24% of income unspent that year. Across the 2 years on record, from June 2022 to June 2023, income grew from $417k to $819k (+97%), an average of +96% a year. The sharpest change came in the year to June 2023, when income rose by 97%. Over the whole period it spent 56% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, Artesia General Hospital Foundation sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 76th percentile within NM. Charities of a similar size with the same main cause include Bloomington Center for Global Children ($819k), STEM to the Future ($819k) and Carleton Trust DD 050983 ($819k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $656k against liabilities of $525, net assets of $655k.