Garrison Memorial Hospital

Analysis

Garrison Memorial Hospital is a registered charity in United States, based in Bismarck, 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 June 2023, Garrison Memorial Hospital reported income of $11.9m and spending of $12.3m, spending 103% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $11.2m to $11.9m (+5.9%), an average of +1.5% a year. Over the whole period it spent 105% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Garrison Memorial Hospital 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 95th percentile within ND. Charities of a similar size with the same main cause include Ammonoosuc Community Health Services Inc ($11.9m), University Orthopaedic Associates Inc ($11.9m) and Cincinnati Health Network Inc ($11.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 4.0% and program service revenue 85% of the total. Compensation of current officers, directors and key employees was $447k (3.6% of expenses). Other salaries and wages came to $5.1m. At year end it held assets of $30.1m against liabilities of $18.7m, net assets of $11.4m. It reported 123 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.