St Dominic-Jackson Memorial Hospital

Analysis

St Dominic-Jackson Memorial Hospital is a registered charity in United States, based in Jackson, MS. It received its IRS tax-exemption ruling in October 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 June 2023, St Dominic-Jackson Memorial Hospital reported income of $545.6m and spending of $637.2m, spending 117% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $267.4m to $545.6m (+104%), an average of +20% a year. The sharpest change came in the year to June 2020, when income rose by 92%. Over the whole period it spent 103% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, St Dominic-Jackson Memorial Hospital sits at the 99th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 100th percentile within MS. Charities of a similar size with the same main cause include Martins Point Health Care Inc ($545.6m), Flagstaff Medical Center ($546.2m) and Memorial Health Systems Inc ($543.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 1.3% and program service revenue 97% of the total. Other salaries and wages came to $223.2m. At year end it held assets of $403.1m against liabilities of $293.4m, net assets of $109.7m. It reported 4,062 employees.