Kittson Memorial Hospital Association

Analysis

Kittson Memorial Hospital Association is a registered charity in United States, based in Hallock, MN. It received its IRS tax-exemption ruling in October 1937, 89 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 September 2023, Kittson Memorial Hospital Association reported income of $17.6m and spending of $17.7m, spending 101% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $15.3m to $17.6m (+15%), an average of +3.6% a year. The sharpest change came in the year to September 2021, when income rose by 29%. 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, Kittson Memorial Hospital Association sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within MN. Charities of a similar size with the same main cause include Independent Home Care ($17.6m), Visiting Nurse Service and Hospice of Suffolk Inc ($17.6m) and Northeastern Center Inc ($17.6m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 4.3% and program service revenue 91% of the total. Compensation of current officers, directors and key employees was $340k (1.9% of expenses). Other salaries and wages came to $6.8m. At year end it held assets of $11.7m against liabilities of $4.5m, net assets of $7.2m. It reported 225 employees.