Bennett County Hospital and Nursing Home

Analysis

Bennett County Hospital and Nursing Home is a registered charity in United States, based in Martin, SD. It received its IRS tax-exemption ruling in May 2006, 20 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, Bennett County Hospital and Nursing Home reported income of $12.8m and spending of $14.0m, spending 110% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $10.7m to $12.8m (+20%), an average of +4.6% a year. The sharpest change came in the year to December 2020, when income rose by 32%. Over the whole period it spent 94% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Bennett County Hospital and Nursing Home sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within SD. Charities of a similar size with the same main cause include Douglas County Memorial Hospital ($12.8m), Congress of Neurological Surgeons Inc University of Michigan ($12.8m) and American Society of Addiction Medicine Inc ($12.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 3.3% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $185k (1.3% of expenses). Other salaries and wages came to $5.0m. At year end it held assets of $9.0m against liabilities of $712k, net assets of $8.3m. It reported 137 employees.