Warren Community Hospital Inc

Analysis

Warren Community Hospital Inc is a registered charity in United States, based in Warren, MN. It received its IRS tax-exemption ruling in October 1980, 46 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, Warren Community Hospital Inc reported income of $15.9m and spending of $16.4m, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $11.2m to $15.9m (+42%), an average of +9.2% a year. The sharpest change came in the year to December 2020, when income rose by 38%. Over the whole period it spent 99% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Warren 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 96th percentile, and in the 96th percentile within MN. Charities of a similar size with the same main cause include Friends of Children with Special Needs ($15.9m), Veterans Medical Research Foundation of SD ($15.9m) and Presence Behavioral Health ($15.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 4.2% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $541k (3.3% of expenses). Other salaries and wages came to $6.3m. At year end it held assets of $14.8m against liabilities of $13.2m, net assets of $1.6m. It reported 136 employees.