Southeast Missouri Health Network

Analysis

Southeast Missouri Health Network is a registered charity in United States, based in Benton, MO. It received its IRS tax-exemption ruling in August 1982, 44 years ago. 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 March 2023, Southeast Missouri Health Network reported income of $23.5m and spending of $18.9m, spending 81% of its income. Across the 5 years on record, from March 2019 to March 2023, income grew from $15.0m to $23.5m (+57%), an average of +12% a year. The sharpest change came in the year to March 2021, when income rose by 42%. Over the whole period it spent 84% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Southeast Missouri Health Network sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 96th percentile within MO. Charities of a similar size with the same main cause include Nonprofits United Workers Compensation Group Inc ($23.5m), New Health Programs Association ($23.5m) and Carpenters Home Estates Inc ($23.4m).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 30% and program service revenue 68% of the total. Compensation of current officers, directors and key employees was $1.5m (7.7% of expenses). Other salaries and wages came to $8.6m. At year end it held assets of $26.6m against liabilities of $4.9m, net assets of $21.6m. It reported 184 employees.