Presentation Medical Center

Analysis

Presentation Medical Center is a registered charity in United States, based in Rolla, ND. It received its IRS tax-exemption ruling in March 1946, 80 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 September 2023, Presentation Medical Center reported income of $14.4m and spending of $14.2m, spending 99% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $11.8m to $14.4m (+22%), an average of +5.1% a year. The sharpest change came in the year to September 2021, when income rose by 23%. Over the whole period it spent 95% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Presentation Medical Center sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within ND. Charities of a similar size with the same main cause include Northwest Horizons Inc ($14.4m), Lungevity Foundation ($14.4m) and Main Line Realty Corporation ($14.4m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 1.9% and program service revenue 98% of the total. Other salaries and wages came to $6.0m. At year end it held assets of $9.9m against liabilities of $2.3m, net assets of $7.6m. It reported 131 employees.