William Newton Memorial Hospital
Analysis
William Newton Memorial Hospital is a registered charity in United States, based in Winfield, KS. It received its IRS tax-exemption ruling in November 1981, 45 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, William Newton Memorial Hospital reported income of $45.7m and spending of $51.0m, spending 111% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $41.5m to $45.7m (+10%), an average of +2.5% 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, William Newton Memorial Hospital sits at the 93rd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within KS. Charities of a similar size with the same main cause include San Luis Walk-In Clinic Inc ($45.7m), Horizon Health Services Inc ($45.8m) and Musc Affiliate Physicians ($45.7m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.9% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $350k (0.7% of expenses). Other salaries and wages came to $20.4m. At year end it held assets of $34.0m against liabilities of $32.1m, net assets of $1.9m. It reported 436 employees.
Income and spending
Where the income comes from
- Contributions & grants 1.9%
- Program services 97%
- Other 0.7%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| San Luis Walk-In Clinic Inc | Somerton | $45.7m |
| Horizon Health Services Inc | Getzville | $45.8m |
| Musc Affiliate Physicians | Charleston | $45.7m |
| National Kidney Foundation Inc | New York | $45.8m |