Medicine Bow Rural Health Care District

Analysis

Medicine Bow Rural Health Care District is a registered charity in United States, based in Medicine Bow, WY. It received its IRS tax-exemption ruling in August 1981, 45 years ago. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2024, Medicine Bow Rural Health Care District reported income of $506k and spending of $348k, leaving 31% of income unspent that year. Across the 5 years on record, from June 2020 to June 2024, income fell from $673k to $506k (-25%), an average of -6.9% a year. The sharpest change came in the year to June 2022, when income dropped by 36%. Over the whole period it spent 68% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Medicine Bow Rural Health Care District sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 72nd percentile within WY. Charities of a similar size with the same main cause include Gingerbread Play School ($506k), Kinston Arts Council Inc ($506k) and Law Focused Education Inc ($506k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 3.9% and program service revenue 8.1% of the total. Other salaries and wages came to $234k. At year end it held assets of $1.0m against liabilities of $0, net assets of $1.0m. It reported 10 employees.