Hot Springs Memorial Hospital Foundation Inc

Analysis

Hot Springs Memorial Hospital Foundation Inc is a registered charity in United States, based in Thermopolis, WY. It received its IRS tax-exemption ruling in April 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 2024, Hot Springs Memorial Hospital Foundation Inc reported income of $91k and spending of $55k, leaving 39% of income unspent that year. Across the 6 years on record, from June 2019 to June 2024, income grew from $28k to $91k (+220%), an average of +26% a year. The sharpest change came in the year to June 2021, when income rose by 323%. Over the whole period it spent 46% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Hot Springs Memorial Hospital Foundation Inc sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 34th percentile, and in the 30th percentile within WY. Charities of a similar size with the same main cause include Society for Promoting Theological Education ($91k), Solanco Youth Soccer Association ($91k) and United Way of Butte and Anaconda ($91k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 37% of the total. At year end it held assets of $741k against liabilities of $7,737, net assets of $733k.