Jennie M Melham Memorial Medical Center Inc

Analysis

Jennie M Melham Memorial Medical Center Inc is a registered charity in United States, based in Broken Bow, NE. It received its IRS tax-exemption ruling in October 1962, 64 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 September 2023, Jennie M Melham Memorial Medical Center Inc reported income of $21.3m and spending of $19.6m, spending 92% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $18.5m to $21.3m (+15%), an average of +3.5% a year. The sharpest change came in the year to September 2021, when income rose by 24%. Over the whole period it spent 87% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Jennie M Melham Memorial Medical Center Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within NE. Charities of a similar size with the same main cause include Crossroads Turning Points Inc ($21.3m), Berks Community Health Center ($21.3m) and Gary and Mary West Health Institute ($21.2m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 0.6% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $469k (2.4% of expenses). Other salaries and wages came to $6.4m. At year end it held assets of $56.7m against liabilities of $2.2m, net assets of $54.5m. It reported 132 employees.