Scott Regional Medical Center Inc

Analysis

Scott Regional Medical Center Inc is a registered charity in United States, based in Meridian, MS. It received its IRS tax-exemption ruling in July 2008, 18 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 December 2022, Scott Regional Medical Center Inc reported income of $13.0m and spending of $14.3m, spending 110% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income grew from $10.7m to $13.0m (+22%), an average of +6.8% a year. The sharpest change came in the year to December 2020, when income rose by 63%. Over the whole period it spent 96% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Scott Regional Medical Center Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within MS. Charities of a similar size with the same main cause include Primary Care Medical Services of Poinciana Inc ($13.0m), Monmouth Family Health Center Inc ($13.0m) and Southern Plains Tribal Health Board Foundation ($13.0m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 4.2% and program service revenue 95% of the total. At year end it held assets of $12.5m against liabilities of $3.2m, net assets of $9.3m. It reported 146 employees.