McGehee Hospital Inc

Analysis

McGehee Hospital Inc is a registered charity in United States, based in McGehee, AR. It received its IRS tax-exemption ruling in May 2010, 16 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, McGehee Hospital Inc reported income of $15.9m and spending of $15.2m, spending 96% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $11.9m to $15.9m (+33%), an average of +7.4% a year. The sharpest change came in the year to June 2020, when income rose by 35%. 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, McGehee Hospital Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within AR. Charities of a similar size with the same main cause include Northeastern Rural Health Clinics ($15.8m), Wamego Hospital Association ($15.9m) and United Helpers Nursing Home Inc ($15.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 5.2% and program service revenue 82% of the total. Compensation of current officers, directors and key employees was $156k (1.0% of expenses). Other salaries and wages came to $6.9m. At year end it held assets of $16.2m against liabilities of $10.0m, net assets of $6.1m. It reported 153 employees.