Northwest Medical Center Association Inc

Analysis

Northwest Medical Center Association Inc is a registered charity in United States, based in Saint Joseph, MO. It received its IRS tax-exemption ruling in October 1967, 59 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 June 2023, Northwest Medical Center Association Inc reported income of $23.3m and spending of $25.7m, spending 110% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $25.0m to $23.3m (-6.8%), an average of -1.8% a year. The sharpest change came in the year to June 2021, when income rose by 19%. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Northwest Medical Center Association Inc 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 University of Holy Cross ($23.3m), Middle Georgia Community Food Bank Inc ($23.4m) and St Charles Health Council Inc ($23.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 4.9% and program service revenue 91% of the total. Compensation of current officers, directors and key employees was $450k (1.7% of expenses). Other salaries and wages came to $9.8m. At year end it held assets of $19.9m against liabilities of $12.9m, net assets of $7.0m. It reported 164 employees.