Gerald Champion Regional Medical Center Foundation Inc

Analysis

Gerald Champion Regional Medical Center Foundation Inc is a registered charity in United States, based in Alamogordo, NM. It received its IRS tax-exemption ruling in November 2018, 8 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Gerald Champion Regional Medical Center Foundation Inc reported income of $115k and spending of $520k, spending 452% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income grew from $45k to $115k (+157%), an average of +21% a year. The sharpest change came in the year to December 2022, when income rose by 418%. Over the whole period it spent 36% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Gerald Champion Regional Medical Center Foundation Inc sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 41st percentile, and in the 36th percentile within NM. Charities of a similar size with the same main cause include First City Council on Cancer ($115k), Big Stone County Cancer Support Group Inc ($115k) and CJS Thumbs Up Foundation ($115k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 18% of the total. At year end it held assets of $1.8m against liabilities of $100, net assets of $1.8m.