Cameron Memorial Community Hospital Inc

Analysis

Cameron Memorial Community Hospital Inc is a registered charity in United States, based in Angola, IN. It received its IRS tax-exemption ruling in November 1938, 88 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, Cameron Memorial Community Hospital Inc reported income of $108.2m and spending of $105.5m, spending 97% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $66.9m to $108.2m (+62%), an average of +13% a year. The sharpest change came in the year to September 2021, when income rose by 24%. 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, Cameron Memorial Community Hospital Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within IN. Charities of a similar size with the same main cause include St Lukes Health System Corporation ($108.2m), Owensboro Health Medical Group Inc ($108.3m) and Aspirus Medford Hospital & Clinics Inc ($108.0m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 1.1% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $1.8m (1.7% of expenses). Other salaries and wages came to $35.9m. At year end it held assets of $115.8m against liabilities of $55.6m, net assets of $60.2m. It reported 745 employees.