Dekalb Memorial Hospital Inc

Analysis

Dekalb Memorial Hospital Inc is a registered charity in United States, based in Auburn, IN. It received its IRS tax-exemption ruling in March 1967, 59 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 2023, Dekalb Memorial Hospital Inc reported income of $82.8m and spending of $79.6m, spending 96% of its income. Across the 6 years on record, from September 2019 to December 2023, income grew from $71.7m to $82.8m (+15%), an average of +2.9% a year. The sharpest change came in the year to December 2020, when income rose by 229%. Over the whole period it spent 95% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Dekalb Memorial Hospital Inc sits at the 95th percentile: it is larger than about 94% 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 The City Hospital Association ($82.8m), Midwest Transplant Network Inc ($82.9m) and Victor Community Support Services Inc ($82.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.0% and program service revenue 100% of the total. Compensation of current officers, directors and key employees was $811k (1.0% of expenses). Other salaries and wages came to $19.7m. At year end it held assets of $64.9m against liabilities of $3.7m, net assets of $61.2m. It reported 373 employees.