Nebraska Methodist Health System Inc

Analysis

Nebraska Methodist Health System Inc is a registered charity in United States, based in Omaha, NE. It received its IRS tax-exemption ruling in January 1982, 44 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Nebraska Methodist Health System Inc reported income of $86.4m and spending of $94.7m, spending 110% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $72.1m to $86.4m (+20%), an average of +4.6% a year. 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, Nebraska Methodist Health System Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within NE. Charities of a similar size with the same main cause include Elmhurst Memorial Healthcare ($86.3m), Ohioguidestone ($86.4m) and Atlanticare Health System Inc ($86.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.1% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $5.6m (5.9% of expenses). Other salaries and wages came to $52.5m. At year end it held assets of $1.23bn against liabilities of $74.7m, net assets of $1.16bn. It reported 941 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.