Tioga Medical Center

Analysis

Tioga Medical Center is a registered charity in United States, based in Tioga, ND. It received its IRS tax-exemption ruling in July 1960, 66 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, Tioga Medical Center reported income of $20.6m and spending of $17.0m, spending 82% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $13.7m to $20.6m (+50%), an average of +14% a year. The sharpest change came in the year to June 2021, when income rose by 21%. Over the whole period it spent 88% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Tioga Medical Center sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within ND. Charities of a similar size with the same main cause include Centerstone Health Services Inc ($20.6m), Community Health Accreditation Program Inc ($20.6m) and Central Suffolk Hospital Foundation ($20.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 19% and program service revenue 79% of the total. Compensation of current officers, directors and key employees was $323k (1.9% of expenses). Other salaries and wages came to $6.9m. At year end it held assets of $25.7m against liabilities of $7.2m, net assets of $18.5m. It reported 170 employees.