Ashland Community Hospital Foundation

Analysis

Ashland Community Hospital Foundation is a registered charity in United States, based in Ashland, OR. It received its IRS tax-exemption ruling in February 1978, 48 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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, Ashland Community Hospital Foundation reported income of $2.0m and spending of $1.2m, leaving 37% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.2m to $2.0m (+68%), an average of +14% a year. The sharpest change came in the year to December 2023, when income rose by 100%. Over the whole period it spent 73% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Ashland Community Hospital Foundation sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 87th percentile within OR. Charities of a similar size with the same main cause include Alexander Childrens Foundation Incorporated ($2.0m), Imogene & Harold Herndon Char Tr-I ($2.0m) and The Conservation Alliance ($2.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 62% and program service revenue 2.0% of the total. Compensation of current officers, directors and key employees was $100k (8.1% of expenses). Other salaries and wages came to $212k. At year end it held assets of $11.6m against liabilities of $173k, net assets of $11.4m. It reported 4 employees.