South Peninsula Hospital Foundation Inc

Analysis

South Peninsula Hospital Foundation Inc is a registered charity in United States, based in Homer, AK. It received its IRS tax-exemption ruling in October 2003, 23 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 December 2023, South Peninsula Hospital Foundation Inc reported income of $111k and spending of $16k, leaving 86% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income grew from $102k to $111k (+8.5%), an average of +8.5% a year. Over the whole period it spent 13% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, South Peninsula Hospital Foundation Inc sits at the 39th percentile: it is larger than about 39% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 35th percentile within AK. Charities of a similar size with the same main cause include Kalamazoo Concert Band Association ($111k), The Council on Aging of Etowah County Alabama Inc ($111k) and Eastwood Educational Foundation ($111k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 101% of the total. At year end it held assets of $324k against liabilities of $0, net assets of $324k.