Rangely District Hospital Foundation

Analysis

Rangely District Hospital Foundation is a registered charity in United States, based in Rangely, CO. It received its IRS tax-exemption ruling in June 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 December 2023, Rangely District Hospital Foundation reported income of $72k and spending of $0, leaving 100% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $141k to $72k (-49%), an average of -49% a year. The sharpest change came in the year to December 2023, when income dropped by 49%. Over the whole period it spent 65% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Rangely District Hospital Foundation sits at the 22nd percentile: it is larger than about 22% of them. Against every charity in United States with reported income it ranks in the 28th percentile, and in the 25th percentile within CO. Charities of a similar size with the same main cause include First Responder Golf Foundation ($72k), Hera Inc ($72k) and Global Dental Access Days Foundatio N ($72k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 97% of the total. At year end it held assets of $973k against liabilities of $731k, net assets of $242k.