Madison Community Hospital Inc

Analysis

Madison Community Hospital Inc is a registered charity in United States, based in Warren, MI. It received its IRS tax-exemption ruling in August 1971, 55 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, Madison Community Hospital Inc reported income of $16.5m and spending of $17.4m, spending 106% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $16.4m to $16.5m (+0.2%), an average of +0.0% 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, Madison Community 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 97th percentile, and in the 97th percentile within MI. Charities of a similar size with the same main cause include Action Wellness ($16.5m), The Childrens Home of Pittsburgh ($16.5m) and Insight Human Services Inc ($16.4m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $6.2m. At year end it held assets of $4.8m against liabilities of $1.6m, net assets of $3.2m.