Hand County Memorial Hospital

Analysis

Hand County Memorial Hospital is a registered charity in United States, based in Miller, SD. It received its IRS tax-exemption ruling in December 1986, 40 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Hand County Memorial Hospital reported income of $1.3m and spending of $1.4m, spending 112% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $1.1m to $1.3m (+15%), an average of +4.8% a year. The sharpest change came in the year to June 2021, when income rose by 23%. Over the whole period it spent 105% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Hand County Memorial Hospital sits at the 67th percentile: it is larger than about 67% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 81st percentile within SD. Charities of a similar size with the same main cause include Ronald McDonald House of Eastern North Carolina at Greenville Inc ($1.3m), Arkansas Cancer Coalition ($1.3m) and Gratia Plena ($1.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 1.8% and program service revenue 87% of the total. Compensation of current officers, directors and key employees was $91k (6.3% of expenses). Other salaries and wages came to $670k. At year end it held assets of $6.1m against liabilities of $1.8m, net assets of $4.4m. It reported 51 employees.