Memorial Community Health Inc

Analysis

Memorial Community Health Inc is a registered charity in United States, based in Aurora, NE. It received its IRS tax-exemption ruling in September 1960, 66 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, Memorial Community Health Inc reported income of $29.5m and spending of $28.9m, spending 98% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $25.0m to $29.5m (+18%), an average of +4.2% a year. 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, Memorial Community Health Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within NE. Charities of a similar size with the same main cause include Hiawatha Hospital Association Inc ($29.5m), Places for People Incorporated ($29.5m) and Anne Arundel County Mental Health Agency Inc ($29.5m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 3.0% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $437k (1.5% of expenses). Other salaries and wages came to $13.9m. At year end it held assets of $35.5m against liabilities of $2.8m, net assets of $32.7m. It reported 359 employees.