Fairfax Medical Facilities Inc

Analysis

Fairfax Medical Facilities Inc is a registered charity in United States, based in Fairfax, OK. It received its IRS tax-exemption ruling in June 2005, 21 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Fairfax Medical Facilities Inc reported income of $11.5m and spending of $9.2m, spending 80% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $7.6m to $11.5m (+51%), an average of +8.6% a year. The sharpest change came in the year to June 2021, when income rose by 34%. Over the whole period it spent 84% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Fairfax Medical Facilities Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within OK. Charities of a similar size with the same main cause include American Psychiatric Association Foundation ($11.5m), Fellowship Hall Inc ($11.5m) and Stars Nashville ($11.5m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 35% and program service revenue 62% of the total. Compensation of current officers, directors and key employees was $1.5m (17% of expenses). Other salaries and wages came to $3.3m. At year end it held assets of $15.5m against liabilities of $3.1m, net assets of $12.4m. It reported 102 employees.