Community Memorial Hospital Inc

Analysis

Community Memorial Hospital Inc is a registered charity in United States, based in Burwell, NE. It received its IRS tax-exemption ruling in April 1963, 63 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 2024, Community Memorial Hospital Inc reported income of $6.8m and spending of $7.4m, spending 108% of what it took in. Across the 5 years on record, from June 2020 to June 2024, income grew from $5.7m to $6.8m (+19%), an average of +4.4% a year. The sharpest change came in the year to June 2023, when income rose by 49%. Over the whole period it spent 104% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Community Memorial Hospital Inc 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 94th percentile, and in the 93rd percentile within NE. Charities of a similar size with the same main cause include Community Rescue Service Inc ($6.8m), Owsley County Health Care Center Inc ($6.8m) and Commonwealth Regional Specialty Hospital Inc ($6.8m).

On its Form 990 for the period ending June 2024, revenue came from contributions and grants 1.0% and program service revenue 98% of the total. Other salaries and wages came to $4.0m. At year end it held assets of $12.8m against liabilities of $11.2m, net assets of $1.6m. It reported 179 employees.