Kings Daughters Medical Center

Analysis

Kings Daughters Medical Center is a registered charity in United States, based in Brookhaven, MS. It received its IRS tax-exemption ruling in September 1937, 89 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, Kings Daughters Medical Center reported income of $97.5m and spending of $95.9m, spending 98% of its income. Across the 5 years on record, from September 2019 to September 2023, income fell from $104.1m to $97.5m (-6.4%), an average of -1.6% a year. The sharpest change came in the year to September 2021, when income rose by 18%. Over the whole period it spent 97% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Kings Daughters Medical Center sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 100th percentile within MS. Charities of a similar size with the same main cause include New York Psychotherapy and Counseling Center ($97.4m), Baptist Medical Center of Nassau I NC ($97.5m) and Mt Graham Regional Medical Center Inc ($97.3m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 1.2% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $4.0m (4.2% of expenses). Other salaries and wages came to $36.7m. At year end it held assets of $88.6m against liabilities of $19.4m, net assets of $69.1m. It reported 845 employees.