Grays Harbor Community Hospital Foundation

Analysis

Grays Harbor Community Hospital Foundation is a registered charity in United States, based in Aberdeen, WA. It received its IRS tax-exemption ruling in January 1981, 45 years ago. 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, Grays Harbor Community Hospital Foundation reported income of $373k and spending of $313k, spending 84% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $296k to $373k (+26%), an average of +6.0% a year. The sharpest change came in the year to December 2021, when income rose by 90%. Over the whole period it spent 50% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Grays Harbor Community Hospital Foundation sits at the 64th percentile: it is larger than about 64% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 64th percentile within WA. Charities of a similar size with the same main cause include Parents Against Vaping E-Cigarettes Inc ($373k), Honor Flight Dayton Incorporated ($373k) and Better Wyoming ($373k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 39% of the total. At year end it held assets of $8.4m against liabilities of $224k, net assets of $8.2m.