McLeod Medical Center Dillon

Analysis

McLeod Medical Center Dillon is a registered charity in United States, based in Florence, SC. It received its IRS tax-exemption ruling in August 2003, 23 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, McLeod Medical Center Dillon reported income of $68.6m and spending of $65.5m, spending 95% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $50.1m to $68.6m (+37%), an average of +8.2% a year. The sharpest change came in the year to September 2022, when income rose by 20%. Over the whole period it spent 84% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, McLeod Medical Center Dillon sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within SC. Charities of a similar size with the same main cause include Mt Washington Pediatric Hospital Inc ($68.6m), Northern Maine Medical Center ($68.7m) and Allhealth Network ($68.5m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 1.8% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $955k (1.5% of expenses). Other salaries and wages came to $16.4m. At year end it held assets of $124.1m against liabilities of $9.5m, net assets of $114.6m. It reported 431 employees.