Marion General Hospital

Analysis

Marion General Hospital is a registered charity in United States, based in Marion, IN. It received its IRS tax-exemption ruling in August 1944, 82 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, Marion General Hospital reported income of $219.1m and spending of $216.0m, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $200.4m to $219.1m (+9.3%), an average of +2.3% a year. Over the whole period it spent 94% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Marion General Hospital sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 100th percentile within IN. Charities of a similar size with the same main cause include Baycare Home Care Inc ($218.8m), The Monroe Clinic Inc ($219.5m) and Mercy Hospital Jefferson ($218.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.4% and program service revenue 88% of the total. Compensation of current officers, directors and key employees was $2.4m (1.1% of expenses). Other salaries and wages came to $54.2m. At year end it held assets of $521.5m against liabilities of $168.8m, net assets of $352.8m. It reported 1,382 employees.