Ephraim McDowell Regional Medical C Enter

Analysis

Ephraim McDowell Regional Medical C Enter is a registered charity in United States, based in Danville, KY. It received its IRS tax-exemption ruling in March 1972, 54 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, Ephraim McDowell Regional Medical C Enter reported income of $257.2m and spending of $254.3m, spending 99% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $189.4m to $257.2m (+36%), an average of +7.9% a year. The sharpest change came in the year to September 2021, when income rose by 24%. 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, Ephraim McDowell Regional Medical C Enter sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 100th percentile within KY. Charities of a similar size with the same main cause include Albany General Hospital ($257.0m), Trihealth Physician Enterprises Corp ($257.5m) and Legacy Health ($256.4m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 0.1% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $816k (0.3% of expenses). Other salaries and wages came to $80.9m. At year end it held assets of $316.6m against liabilities of $25.4m, net assets of $291.2m. It reported 1,243 employees.