Community Memorial Healthcare Inc

Analysis

Community Memorial Healthcare Inc is a registered charity in United States, based in Marysville, KS. It received its IRS tax-exemption ruling in November 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 December 2023, Community Memorial Healthcare Inc reported income of $28.1m and spending of $28.4m, spending 101% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $23.3m to $28.1m (+21%), an average of +4.9% a year. The sharpest change came in the year to December 2021, when income rose by 30%. Over the whole period it spent 94% 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 Healthcare Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within KS. Charities of a similar size with the same main cause include Central California Blood Center ($28.1m), University of Western States ($28.1m) and Central Neighborhood Health Foundation ($28.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.3% and program service revenue 94% of the total. Compensation of current officers, directors and key employees was $776k (2.7% of expenses). Other salaries and wages came to $11.6m. At year end it held assets of $19.3m against liabilities of $4.6m, net assets of $14.7m. It reported 241 employees.