Doctors Memorial Hospital Inc

Analysis

Doctors Memorial Hospital Inc is a registered charity in United States, based in Perry, FL. It received its IRS tax-exemption ruling in September 1993, 33 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 May 2023, Doctors Memorial Hospital Inc reported income of $20.8m and spending of $21.7m, spending 104% of its income. Across the 5 years on record, from May 2019 to May 2023, income grew from $20.7m to $20.8m (+0.7%), an average of +0.2% a year. The sharpest change came in the year to May 2021, when income rose by 18%. Over the whole period it spent 95% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Doctors Memorial Hospital Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within FL. Charities of a similar size with the same main cause include Mercy Restorative Care Hospital Inc ($20.8m), AIDS Center of Queens County Inc ($20.8m) and Grandview Christian Home ($20.8m).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 6.1% and program service revenue 91% of the total. Compensation of current officers, directors and key employees was $449k (2.1% of expenses). Other salaries and wages came to $9.7m. At year end it held assets of $11.5m against liabilities of $1.9m, net assets of $9.6m. It reported 283 employees.