Sevier County Medical Center Foundation

Analysis

Sevier County Medical Center Foundation is a registered charity in United States, based in De Queen, AR. It received its IRS tax-exemption ruling in March 2021, 5 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Sevier County Medical Center Foundation reported income of $77k and spending of $47k, leaving 40% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $193k to $77k (-60%), an average of -60% a year. The sharpest change came in the year to December 2023, when income dropped by 60%. Over the whole period it spent 54% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Sevier County Medical Center Foundation sits at the 36th percentile: it is larger than about 36% of them. Against every charity in United States with reported income it ranks in the 30th percentile, and in the 28th percentile within AR. Charities of a similar size with the same main cause include Jewish Federation of Macon & Middle Georgia Inc ($77k), Yakima Kiwanis Charitable Trust Foundation ($77k) and American Friends of Eperion Shlomo Ltorah Vchesed Inc ($77k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 95% of the total. At year end it held assets of $246k against liabilities of $0, net assets of $246k.