Mizell Memorial Hospital Inc

Analysis

Mizell Memorial Hospital Inc is a registered charity in United States, based in Opp, AL. It received its IRS tax-exemption ruling in February 1947, 79 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, Mizell Memorial Hospital Inc reported income of $25.0m and spending of $26.1m, spending 104% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $16.8m to $25.0m (+49%), an average of +10% a year. The sharpest change came in the year to September 2020, when income rose by 35%. Over the whole period it spent 93% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Mizell Memorial Hospital Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 99th percentile within AL. Charities of a similar size with the same main cause include Methodist Hospital Levelland ($25.0m), National Capital Treatment and Recovery ($25.0m) and McCurtain Memorial Medical Management Inc ($24.9m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 7.4% and program service revenue 90% of the total. Compensation of current officers, directors and key employees was $181k (0.7% of expenses). Other salaries and wages came to $11.3m. At year end it held assets of $16.0m against liabilities of $7.0m, net assets of $9.0m. It reported 340 employees.