Marshall County Memorial Hospital

Analysis

Marshall County Memorial Hospital is a registered charity in United States, based in Britton, SD. It received its IRS tax-exemption ruling in November 1984, 42 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, Marshall County Memorial Hospital reported income of $12.1m and spending of $11.8m, spending 97% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $9.1m to $12.1m (+33%), an average of +7.4% a year. The sharpest change came in the year to June 2021, when income rose by 61%. 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, Marshall County Memorial Hospital sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 95th percentile within SD. Charities of a similar size with the same main cause include Arcc Center Foundation Inc ($12.1m), Shout It Now ($12.1m) and Cutchins Programs for Children and Families Inc ($12.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.1% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $431k (3.7% of expenses). Other salaries and wages came to $5.0m. At year end it held assets of $16.7m against liabilities of $718k, net assets of $16.0m. It reported 137 employees.