Tri-State Hospital Foundation

Analysis

Tri-State Hospital Foundation is a registered charity in United States, based in Clarkston, WA. It received its IRS tax-exemption ruling in December 1985, 41 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Tri-State Hospital Foundation reported income of $1.6m and spending of $3.6m, spending 231% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $850k to $1.6m (+83%), an average of +16% a year. The sharpest change came in the year to December 2021, when income rose by 880%. Over the whole period it spent 108% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Tri-State Hospital Foundation sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 84th percentile within WA. Charities of a similar size with the same main cause include Rural Emergency Trauma Institute Inc ($1.6m), Pathways Community Hub Institute Inc ($1.6m) and Ms Comprehensive Care Center ($1.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 58% of the total. Other salaries and wages came to $241k. At year end it held assets of $5.3m against liabilities of $331k, net assets of $5.0m.