United Hospital District Inc

Analysis

United Hospital District Inc is a registered charity in United States, based in Blue Earth, MN. It received its IRS tax-exemption ruling in February 2014, 12 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 December 2023, United Hospital District Inc reported income of $46.9m and spending of $45.7m, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $39.0m to $46.9m (+20%), an average of +4.7% a year. The sharpest change came in the year to December 2021, when income rose by 18%. Over the whole period it spent 94% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, United Hospital District Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within MN. Charities of a similar size with the same main cause include Northeast Professional Registry of Nurses Inc ($46.9m), Louisiana Organ Procurement Agency ($46.9m) and Alabama Childrens Hospital Foundation ($46.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.8% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $1.6m (3.4% of expenses). Other salaries and wages came to $17.3m. At year end it held assets of $53.2m against liabilities of $11.4m, net assets of $41.8m. It reported 291 employees.