Morrison Hospital Association

Analysis

Morrison Hospital Association is a registered charity in United States, based in Whitefield, NH. It received its IRS tax-exemption ruling in December 1963, 63 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Morrison Hospital Association reported income of $11.4m and spending of $14.0m, spending 123% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $8.6m to $11.4m (+33%), an average of +7.4% a year. The sharpest change came in the year to September 2020, when income rose by 22%. 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, Morrison Hospital Association sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within NH. Charities of a similar size with the same main cause include Valley Physician Services Ny PC ($11.4m), Tca Health Inc NFP ($11.4m) and Beech Brook ($11.3m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 0.8% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $339k (2.4% of expenses). Other salaries and wages came to $7.1m. At year end it held assets of $28.1m against liabilities of $25.5m, net assets of $2.6m. It reported 244 employees.