Medical-Dental Staff of Morristown Memorial Hospital
Analysis
Medical-Dental Staff of Morristown Memorial Hospital is a registered charity in United States, based in Morristown, NJ. It received its IRS tax-exemption ruling in February 1992, 34 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending December 2023, Medical-Dental Staff of Morristown Memorial Hospital reported income of $460k and spending of $410k, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $449k to $460k (+2.4%), an average of +0.6% a year. Over the whole period it spent 90% of the income it received.
Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Medical-Dental Staff of Morristown Memorial Hospital sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 69th percentile, and in the 74th percentile within NJ. Charities of a similar size with the same main cause include Natchitoches Regional Medical Center Foundation ($460k), Resolve It Inc ($460k) and Pattenburg Rescue Squad Inc ($460k).
On its Form 990 for the period ending December 2023, revenue came from program service revenue 93% of the total. Compensation of current officers, directors and key employees was $185k (45% of expenses). Other salaries and wages came to $25k. At year end it held assets of $846k against liabilities of $3,735, net assets of $842k. It reported 5 employees.
Income and spending
Where the income comes from
- Program services 93%
- Other 6.7%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Natchitoches Regional Medical Center Foundation | Natchitoches | $460k |
| Resolve It Inc | League City | $460k |
| Pattenburg Rescue Squad Inc | Asbury | $460k |
| Benedictine Health Foundation Inc | Kingston | $460k |