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Walker Methodist

RegisteredEIN 41-1916102Alexandria, MNHealth and saving lives
Income$30.7m2023-12
Spending$29.8msame year
Spent / received98%5-year average
Size in its cause91st pctHealth and saving lives
Exempt since1999Publicly supported organisat
Employees0latest return

Analysis

Walker Methodist is a registered charity in United States, based in Alexandria, MN. It received its IRS tax-exemption ruling in March 1999, 27 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Walker Methodist reported income of $30.7m and spending of $29.8m, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $25.6m to $30.7m (+20%), an average of +4.7% 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, Walker Methodist sits at the 91st percentile: it is larger than about 91% 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 Tandem Health SC ($30.7m), Straight & Narrow Inc ($30.8m) and Chai Lifeline Inc ($30.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.1% and program service revenue 96% of the total. Other salaries and wages came to $13.8m. At year end it held assets of $72.5m against liabilities of $90.1m, net assets of -$17.6m.

Income and spending

$0$7.7m$15.4m$23.0m$30.7m2019 Income: $25,587,8952019 Spending: $26,180,14820192020 Income: $26,200,0812020 Spending: $26,127,56420202021 Income: $29,368,7982021 Spending: $27,888,22220212022 Income: $28,651,1692022 Spending: $28,472,09420222023 Income: $30,715,1192023 Spending: $29,812,9942023
IncomeSpending

Where the income comes from

  • Contributions & grants 0.1%
  • Program services 96%
  • Other 4.3%

Similar-sized charities, same cause

CharityLocationIncome
Tandem Health SCSumter$30.7m
Straight & Narrow IncPaterson$30.8m
Chai Lifeline IncNew York$30.7m
Alexian Health Senior CareSaint Louis$30.8m