Labette Health Endowment Association

Analysis

Labette Health Endowment Association is a registered charity in United States, based in Parsons, KS. It received its IRS tax-exemption ruling in April 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, Labette Health Endowment Association reported income of $1.0m and spending of $1.1m, spending 110% of what it took in. The sharpest change came in the year to December 2022, when income rose by 7624%. Over the whole period it spent 41% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Labette Health Endowment Association sits at the 65th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 80th percentile, and in the 80th percentile within KS. Charities of a similar size with the same main cause include End It for Good Inc ($1.0m), Cannonball Kids Cancer Foundation Inc ($1.0m) and Sunrise Center ($1.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 81% and program service revenue 0.0% of the total. At year end it held assets of $34.3m against liabilities of $27.2m, net assets of $7.2m.