Salem Hospital Inc

Analysis

Salem Hospital Inc is a registered charity in United States, based in Hillsboro, KS. It received its IRS tax-exemption ruling in July 1958, 68 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, Salem Hospital Inc reported income of $4.5m and spending of $4.2m, spending 93% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $3.1m to $4.5m (+45%), an average of +9.7% a year. The sharpest change came in the year to September 2021, when income rose by 19%. Over the whole period it spent 93% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Salem Hospital Inc sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 92nd percentile within KS. Charities of a similar size with the same main cause include Caldwell Memorial Hospital Foundation Inc ($4.5m), Make-A-Wish Foundation of Hawaii Inc ($4.5m) and Austin Recovery Inc ($4.5m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 3.8% and program service revenue 94% of the total. Compensation of current officers, directors and key employees was $166k (4.0% of expenses). Other salaries and wages came to $2.1m. At year end it held assets of $2.3m against liabilities of $325k, net assets of $2.0m. It reported 94 employees.