Ivinson Memorial Hospital Foundation

Analysis

Ivinson Memorial Hospital Foundation is a registered charity in United States, based in Laramie, WY. It received its IRS tax-exemption ruling in January 1983, 43 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Ivinson Memorial Hospital Foundation reported income of $782k and spending of $1.3m, spending 165% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $845k to $782k (-7.5%), an average of -1.9% a year. The sharpest change came in the year to June 2020, when income rose by 55%. Over the whole period it spent 62% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Ivinson Memorial Hospital Foundation sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 76th percentile, and in the 80th percentile within WY. Charities of a similar size with the same main cause include Long Branch First Aid and Safety Squad Corp ($782k), Buffalo Laborers Training Fund ($782k) and Region VI Chapter of Voluntary Protection Programs Participants ($782k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 67% of the total. At year end it held assets of $21.9m against liabilities of $0, net assets of $21.9m.