Floyd-Polk Healthcare Foundation Inc

Analysis

Floyd-Polk Healthcare Foundation Inc is a registered charity in United States, based in Rome, GA. It received its IRS tax-exemption ruling in March 2022, 4 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, Floyd-Polk Healthcare Foundation Inc reported income of $12.8m and spending of $1.3m, leaving 90% of income unspent that year. Across the 2 years on record, from December 2022 to December 2023, income fell from $155.7m to $12.8m (-92%), an average of -92% a year. The sharpest change came in the year to December 2023, when income dropped by 92%. Over the whole period it spent 0.9% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Floyd-Polk Healthcare Foundation Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within GA. Charities of a similar size with the same main cause include Danvers Management Systems Inc ($12.8m), Go2 Foundation for Lung Cancer ($12.8m) and Family and Child Guidance Centers ($12.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 70% of the total. Other salaries and wages came to $181k. At year end it held assets of $186.7m against liabilities of $0, net assets of $186.7m.