Nemaha Valley Community Hospital

Analysis

Nemaha Valley Community Hospital is a registered charity in United States, based in Seneca, KS. It received its IRS tax-exemption ruling in November 1969, 57 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 2023, Nemaha Valley Community Hospital reported income of $24.5m and spending of $21.9m, spending 90% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $17.5m to $24.5m (+40%), an average of +8.7% a year. The sharpest change came in the year to June 2021, when income rose by 31%. Over the whole period it spent 92% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Nemaha Valley Community Hospital 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 Orthopaedic Institute for Children Foundation ($24.4m), Chop Clinical Associates Inc ($24.5m) and Wendell Fosters Campus for Developmental Disabilities Inc ($24.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 12% and program service revenue 87% of the total. Compensation of current officers, directors and key employees was $841k (3.8% of expenses). Other salaries and wages came to $10.0m. At year end it held assets of $45.8m against liabilities of $29.6m, net assets of $16.2m. It reported 177 employees.