Walhalla Community Hospital Association

Analysis

Walhalla Community Hospital Association is a registered charity in United States, based in Walhalla, ND. It received its IRS tax-exemption ruling in November 1964, 62 years ago. 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 2024, Walhalla Community Hospital Association reported income of $4.0m and spending of $4.1m, spending 102% of its income. Across the 6 years on record, from June 2019 to June 2024, income grew from $3.3m to $4.0m (+20%), an average of +3.8% a year. The sharpest change came in the year to June 2023, when income rose by 24%. Over the whole period it spent 93% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Walhalla Community Hospital Association sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 90th percentile within ND. Charities of a similar size with the same main cause include Community Action Agency of Northwest Alabama Inc ($4.0m), C S B S Education Foundation ($4.0m) and Jefferson Hills Area Ambulance Association ($4.0m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 1.0% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $257k (6.2% of expenses). Other salaries and wages came to $1.5m. At year end it held assets of $7.2m against liabilities of $4.3m, net assets of $2.9m. It reported 57 employees.