Carroll County Memorial Hospital

Analysis

Carroll County Memorial Hospital is a registered charity in United States, based in Carrollton, MO. It received its IRS tax-exemption ruling in September 1967, 59 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, Carroll County Memorial Hospital reported income of $39.6m and spending of $40.8m, spending 103% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $31.2m to $39.6m (+27%), an average of +6.1% a year. The sharpest change came in the year to June 2020, when income rose by 18%. Over the whole period it spent 97% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Carroll County Memorial Hospital sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 97th percentile within MO. Charities of a similar size with the same main cause include Greater Cincinnati Behavioral Health Services ($39.5m), Douglas a Thom Clinic Inc ($39.6m) and Childrens Healthcare of California ($39.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.7% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $762k (1.9% of expenses). Other salaries and wages came to $15.0m. At year end it held assets of $39.6m against liabilities of $9.1m, net assets of $30.4m. It reported 286 employees.