Brodstone Memorial Hospital Foundation

Analysis

Brodstone Memorial Hospital Foundation is a registered charity in United States, based in Superior, NE. It received its IRS tax-exemption ruling in March 2021, 5 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 April 2023, Brodstone Memorial Hospital Foundation reported income of $258k and spending of $231k, spending 89% of its income. Across the 2 years on record, from April 2022 to April 2023, income fell from $443k to $258k (-42%), an average of -42% a year. The sharpest change came in the year to April 2023, when income dropped by 42%. Over the whole period it spent 34% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Brodstone Memorial Hospital Foundation sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 59th percentile, and in the 57th percentile within NE. Charities of a similar size with the same main cause include Tommy Fund Inc ($258k), Barton Memorial Hospital Foundation ($258k) and Acres Project ($258k).

On its Form 990 for the period ending April 2023, revenue came from contributions and grants 83% of the total. At year end it held assets of $540k against liabilities of $0, net assets of $540k.