Ministry Health Care Inc

Analysis

Ministry Health Care Inc is a registered charity in United States, based in Saint Louis, MO. It received its IRS tax-exemption ruling in March 1946, 80 years ago. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Ministry Health Care Inc reported income of $16.9m and spending of $6.5m, leaving 61% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income fell from $56.1m to $16.9m (-70%), an average of -26% a year. The sharpest change came in the year to June 2022, when income rose by 237%. Over the whole period it spent 62% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Ministry Health Care Inc 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 97th percentile, and in the 95th percentile within MO. Charities of a similar size with the same main cause include Leadership Conference Education Fund Inc ($16.9m), Autistic Treatment Center Inc ($16.9m) and West Holt Memorial Hospital ($16.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 2.0% and program service revenue 95% of the total. Other salaries and wages came to $993k. At year end it held assets of $155.7m against liabilities of $178.2m, net assets of -$22.5m. It reported 24 employees.