Douglas County Memorial Hospital

Analysis

Douglas County Memorial Hospital is a registered charity in United States, based in Armour, SD. It received its IRS tax-exemption ruling in July 1988, 38 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 May 2023, Douglas County Memorial Hospital reported income of $12.8m and spending of $12.1m, spending 95% of its income. Across the 5 years on record, from May 2019 to May 2023, income grew from $10.4m to $12.8m (+23%), an average of +5.2% a year. Over the whole period it spent 92% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Douglas 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 96th percentile within SD. Charities of a similar size with the same main cause include American Society of Addiction Medicine Inc ($12.7m), Bennett County Hospital and Nursing Home ($12.8m) and Healing Hands Ministries Inc ($12.7m).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 6.0% and program service revenue 94% of the total. Other salaries and wages came to $5.0m. At year end it held assets of $18.5m against liabilities of $4.3m, net assets of $14.1m. It reported 113 employees.