Shelby County Medical Corp

Analysis

Shelby County Medical Corp is a registered charity in United States, based in Harlan, IA. It received its IRS tax-exemption ruling in March 1992, 34 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Shelby County Medical Corp reported income of $6.1m and spending of $5.8m, spending 95% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $4.3m to $6.1m (+43%), an average of +9.3% a year. The sharpest change came in the year to June 2021, when income rose by 22%. 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, Shelby County Medical Corp sits at the 81st percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within IA. Charities of a similar size with the same main cause include St Luke Health Care Foundation ($6.1m), Southern Regional Resource Center ($6.1m) and Health Professionals of Holmes County Inc ($6.1m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $456k (7.9% of expenses). Other salaries and wages came to $3.7m. At year end it held assets of $745k against liabilities of $295k, net assets of $450k. It reported 11 employees.