Owasso Medical Facility Inc

Analysis

Owasso Medical Facility Inc is a registered charity in United States, based in Saint Louis, MO. It received its IRS tax-exemption ruling in March 1946, 80 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 June 2023, Owasso Medical Facility Inc reported income of $38.7m and spending of $38.0m, spending 98% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $36.9m to $38.7m (+4.8%), an average of +1.2% a year. Over the whole period it spent 89% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Owasso Medical Facility Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 97th percentile within MO. Charities of a similar size with the same main cause include Community Care Alliance ($38.7m), Southwest Texas Regional Advisory Council for Trauma ($38.7m) and Mental Health Innovation Foundation ($38.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.0% and program service revenue 100% of the total. At year end it held assets of $49.8m against liabilities of $5.9m, net assets of $43.9m.