Landmann Jungman Memorial Hospital Corporation

Analysis

Landmann Jungman Memorial Hospital Corporation is a registered charity in United States, based in Scotland, SD. It received its IRS tax-exemption ruling in December 1964, 62 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, Landmann Jungman Memorial Hospital Corporation reported income of $6.6m and spending of $7.0m, spending 106% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $5.0m to $6.6m (+32%), an average of +7.1% a year. The sharpest change came in the year to June 2021, when income rose by 60%. Over the whole period it spent 95% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Landmann Jungman Memorial Hospital Corporation sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 93rd percentile within SD. Charities of a similar size with the same main cause include Ronald McDonald House Tampa Bay Inc ($6.6m), Iliuliuk Family and Health Services Inc ($6.6m) and Exceptional Opportunities Inc ($6.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 3.1% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $305k (4.4% of expenses). Other salaries and wages came to $3.2m. At year end it held assets of $5.3m against liabilities of $2.0m, net assets of $3.4m. It reported 79 employees.