Pioneer Memorial Hospital & Health Services

Analysis

Pioneer Memorial Hospital & Health Services is a registered charity in United States, based in Viborg, SD. It received its IRS tax-exemption ruling in December 1952, 74 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, Pioneer Memorial Hospital & Health Services reported income of $16.4m and spending of $12.3m, leaving 25% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $11.2m to $16.4m (+47%), an average of +10% a year. The sharpest change came in the year to December 2023, when income rose by 28%. Over the whole period it spent 83% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Pioneer Memorial Hospital & Health Services sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within SD. Charities of a similar size with the same main cause include Covenant Community Care Inc ($16.4m), Childrens Tumor Foundation ($16.4m) and Mercy Hospital Booneville ($16.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 17% and program service revenue 81% of the total. Compensation of current officers, directors and key employees was $122k (1.0% of expenses). Other salaries and wages came to $6.1m. At year end it held assets of $19.8m against liabilities of $1.3m, net assets of $18.5m. It reported 191 employees.