Fort Morgan Community Hospital Foundation Inc

Analysis

Fort Morgan Community Hospital Foundation Inc is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in March 1979, 47 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, Fort Morgan Community Hospital Foundation Inc reported income of $93k and spending of $337k, spending 364% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $307k to $93k (-70%), an average of -26% a year. The sharpest change came in the year to December 2021, when income rose by 2505%. Over the whole period it spent 70% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Fort Morgan Community Hospital Foundation Inc sits at the 35th percentile: it is larger than about 35% of them. Against every charity in United States with reported income it ranks in the 35th percentile, and in the 36th percentile within IL. Charities of a similar size with the same main cause include Jackson County Wildlife Fund Inc ($93k), Lee Hopp Save Foundation ($93k) and Kim Center for Social Balance ($93k).

At year end it held assets of $7.9m against liabilities of $0, net assets of $7.9m.