Dickinson County Healthcare System

Analysis

Dickinson County Healthcare System is a registered charity in United States, based in Iron Mountain, MI. It received its IRS tax-exemption ruling in October 2022, 4 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, Dickinson County Healthcare System reported income of $142.1m and spending of $142.3m, spending 100% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $127.2m to $142.1m (+12%), an average of +12% a year. Over the whole period it spent 98% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Dickinson County Healthcare System sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 100th percentile within MI. Charities of a similar size with the same main cause include Century Integrated Partners Inc ($141.9m), St James Healthcare ($142.2m) and The Center for Discovery Inc ($141.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.2% and program service revenue 100% of the total. Compensation of current officers, directors and key employees was $339k (0.2% of expenses). Other salaries and wages came to $54.9m. At year end it held assets of $64.2m against liabilities of $54.0m, net assets of $10.2m. It reported 768 employees.