Morris Hospital

Analysis

Morris Hospital is a registered charity in United States, based in Morris, IL. It received its IRS tax-exemption ruling in March 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 December 2023, Morris Hospital reported income of $251.1m and spending of $239.1m, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $192.6m to $251.1m (+30%), an average of +6.8% a year. The sharpest change came in the year to December 2021, when income rose by 17%. 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, Morris 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 IL. Charities of a similar size with the same main cause include Otero County Hospital Association ($250.8m), Sante Health Foundation ($251.4m) and Florida Healthy Kids Corporation ($250.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.8% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $2.4m (1.0% of expenses). Other salaries and wages came to $105.1m. At year end it held assets of $357.0m against liabilities of $147.9m, net assets of $209.1m. It reported 1,801 employees.