Converse County Hospital Foundation Inc

Analysis

Converse County Hospital Foundation Inc is a registered charity in United States, based in Douglas, WY. It received its IRS tax-exemption ruling in December 1998, 28 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 June 2024, Converse County Hospital Foundation Inc reported income of $227k and spending of $31k, leaving 86% of income unspent that year. Across the 6 years on record, from June 2019 to June 2024, income fell from $1.5m to $227k (-85%), an average of -32% a year. The sharpest change came in the year to June 2020, when income dropped by 87%. Over the whole period it spent 66% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Converse County Hospital Foundation Inc sits at the 43rd percentile: it is larger than about 42% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 54th percentile within WY. Charities of a similar size with the same main cause include 1311 York Street Club Inc ($227k), North Dakota Federation of Families for Childrens Mental Health ($227k) and Watershed Ministries Inc ($227k).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 72% of the total. At year end it held assets of $2.3m against liabilities of $1,200, net assets of $2.3m.