Monroe Health Services Inc

Analysis

Monroe Health Services Inc is a registered charity in United States, based in Tupelo, MS. It received its IRS tax-exemption ruling in August 2019, 7 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, Monroe Health Services Inc reported income of $50.3m and spending of $44.6m, spending 89% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $41.9m to $50.3m (+20%), an average of +4.7% a year. 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, Monroe Health Services Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within MS. Charities of a similar size with the same main cause include Northeast Treatment Centers Inc ($50.3m), Grace Health Inc ($50.3m) and Seattle Indian Health Board ($50.3m).

On its Form 990 for the period ending September 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $261k (0.6% of expenses). Other salaries and wages came to $20.1m. At year end it held assets of $32.6m against liabilities of $10.3m, net assets of $22.3m. It reported 416 employees.