Deuel County Memorial Hospital

Analysis

Deuel County Memorial Hospital is a registered charity in United States, based in Clear Lake, SD. It received its IRS tax-exemption ruling in February 1989, 37 years ago. 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 April 2024, Deuel County Memorial Hospital reported income of $132k and spending of $276k, spending 209% of what it took in. Across the 6 years on record, from April 2019 to April 2024, income fell from $361k to $132k (-63%), an average of -18% a year. The sharpest change came in the year to April 2023, when income dropped by 45%. Over the whole period it spent 116% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Deuel County Memorial Hospital sits at the 43rd percentile: it is larger than about 43% of them. Against every charity in United States with reported income it ranks in the 44th percentile, and in the 40th percentile within SD. Charities of a similar size with the same main cause include Copenhagen Hapy Achers Housing ($132k), Orinda Moraga Pools Association Inc ($132k) and The Helicon Foundation Inc ($132k).

On its Form 990 for the period ending April 2024, revenue came from contributions and grants 8.1% and program service revenue 65% of the total. At year end it held assets of $3.6m against liabilities of $198, net assets of $3.6m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.