Forks Community Hospital Foundation

Analysis

Forks Community Hospital Foundation is a registered charity in United States, based in Forks, WA. It received its IRS tax-exemption ruling in July 1994, 32 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Forks Community Hospital Foundation reported income of $62k and spending of $46k, leaving 26% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $106k to $62k (-42%), an average of -13% a year. The sharpest change came in the year to December 2022, when income rose by 88%. Over the whole period it spent 74% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Forks Community Hospital Foundation sits at the 24th percentile: it is larger than about 24% of them. Against every charity in United States with reported income it ranks in the 24th percentile, and in the 19th percentile within WA. Charities of a similar size with the same main cause include Octavo Singers of Schenectady New York Inc ($62k), SC Conservation Districts Foundation ($62k) and Mahasatipatthana Meditation Center Inc ($62k).

On its Form 990-EZ for the period ending December 2023, revenue came from contributions and grants 96% of the total. At year end it held assets of $142k against liabilities of $0, net assets of $142k.