Wagner Community Memorial Hospital

Analysis

Wagner Community Memorial Hospital is a registered charity in United States, based in Wagner, SD. It received its IRS tax-exemption ruling in May 1959, 67 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, Wagner Community Memorial Hospital reported income of $14.7m and spending of $14.4m, spending 98% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $10.6m to $14.7m (+39%), an average of +8.7% a year. The sharpest change came in the year to June 2021, when income rose by 52%. Over the whole period it spent 90% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Wagner Community Memorial Hospital 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 SD. Charities of a similar size with the same main cause include Northwest Passage Limited ($14.7m), North Country Family Health Center Inc ($14.7m) and Brooklyn United Methodist Church Home ($14.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.8% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $539k (3.7% of expenses). Other salaries and wages came to $7.2m. At year end it held assets of $17.8m against liabilities of $4.0m, net assets of $13.8m. It reported 106 employees.