Ephraim McDowell Health Inc

Analysis

Ephraim McDowell Health Inc is a registered charity in United States, based in Danville, KY. It received its IRS tax-exemption ruling in January 1999, 27 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Ephraim McDowell Health Inc reported income of $9.6m and spending of $7.2m, leaving 25% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $5.9m to $9.6m (+61%), an average of +13% a year. The sharpest change came in the year to September 2020, when income rose by 29%. Over the whole period it spent 82% 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 Health Inc sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within KY. Charities of a similar size with the same main cause include Tacoma-Pierce County Blood Bank ($9.6m), American Roentgen Ray Society ($9.6m) and Madonna Manor Inc ($9.6m).

On its Form 990 for the period ending September 2023, revenue came from program service revenue 45% of the total. Compensation of current officers, directors and key employees was $1.3m (18% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $238.4m against liabilities of $237.6m, net assets of $814k. It reported 28 employees.