Scheurer Hospital

Analysis

Scheurer Hospital is a registered charity in United States, based in Pigeon, MI. It received its IRS tax-exemption ruling in March 1947, 79 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, Scheurer Hospital reported income of $60.7m and spending of $58.4m, spending 96% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $43.2m to $60.7m (+40%), an average of +8.9% a year. Over the whole period it spent 97% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Scheurer Hospital sits at the 94th 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 MI. Charities of a similar size with the same main cause include Ole Health ($60.6m), Diversus Health Inc ($60.7m) and Partners Cooperative Inc ($60.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 2.1% and program service revenue 92% of the total. Compensation of current officers, directors and key employees was $975k (1.7% of expenses). Other salaries and wages came to $25.2m. At year end it held assets of $53.7m against liabilities of $9.4m, net assets of $44.4m. It reported 513 employees.