Sara Ann Hester Memorial Home

Analysis

Sara Ann Hester Memorial Home is a registered charity in United States, based in Benkelman, NE. It received its IRS tax-exemption ruling in October 1953, 73 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 2024, Sara Ann Hester Memorial Home reported income of $3.6m and spending of $3.4m, spending 94% of its income. Across the 5 years on record, from June 2020 to June 2024, income grew from $2.6m to $3.6m (+39%), an average of +8.6% a year. The sharpest change came in the year to June 2023, when income rose by 48%. Over the whole period it spent 94% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Sara Ann Hester Memorial Home sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 89th percentile within NE. Charities of a similar size with the same main cause include Rosalind Franklin University Health Clinics ($3.6m), Empowerment Resource Center Inc ($3.6m) and Panhandle AIDS Support Organization Inc ($3.6m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 9.4% and program service revenue 81% of the total. Other salaries and wages came to $1.7m. At year end it held assets of $2.3m against liabilities of $283k, net assets of $2.0m. It reported 68 employees.