Walker Methodist Health Center Inc

Analysis

Walker Methodist Health Center Inc is a registered charity in United States, based in Alexandria, MN. It received its IRS tax-exemption ruling in September 1953, 73 years ago. Its declared purposes cover human services, which this site groups under poverty relief. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Walker Methodist Health Center Inc reported income of $33.6m and spending of $8.4m, leaving 75% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $31.1m to $33.6m (+8.3%), an average of +2.0% a year. Over the whole period it spent 76% of the income it received.

Among 62,758 United States charities whose main cause is poverty relief and that reported income, Walker Methodist Health Center Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within MN. Charities of a similar size with the same main cause include San Antonio Lighthouse for the Blind ($33.6m), Longwood at Oakmont Inc ($33.7m) and Asociacion Puertorriquenos En Marcha Inc ($33.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.3% and program service revenue 27% of the total. Other salaries and wages came to $4.6m. At year end it held assets of $1.5m against liabilities of $381k, net assets of $1.1m. It reported 316 employees.