Alegent Health-Community Memorial Hospital of Missouri Valley Iowa

Analysis

Alegent Health-Community Memorial Hospital of Missouri Valley Iowa is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in February 1963, 63 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 June 2023, Alegent Health-Community Memorial Hospital of Missouri Valley Iowa reported income of $34.4m and spending of $31.1m, spending 90% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $25.1m to $34.4m (+37%), an average of +8.2% a year. Over the whole period it spent 87% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Alegent Health-Community Memorial Hospital of Missouri Valley Iowa 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 AZ. Charities of a similar size with the same main cause include Star Community Health Inc ($34.4m), Longview Wellness Center Inc ($34.4m) and Pike Health Services Inc ($34.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 2.7% and program service revenue 94% of the total. Compensation of current officers, directors and key employees was $174k (0.6% of expenses). Other salaries and wages came to $12.8m. At year end it held assets of $73.1m against liabilities of $5.5m, net assets of $67.6m. It reported 214 employees.