Northeast Mississippi Health Care Inc

Analysis

Northeast Mississippi Health Care Inc is a registered charity in United States, based in Byhalia, MS. It received its IRS tax-exemption ruling in October 1979, 47 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending March 2024, Northeast Mississippi Health Care Inc reported income of $8.9m and spending of $7.8m, spending 88% of its income. Across the 5 years on record, from March 2020 to March 2024, income grew from $6.7m to $8.9m (+32%), an average of +7.1% a year. The sharpest change came in the year to March 2021, when income rose by 21%. 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, Northeast Mississippi Health Care Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 96th percentile within MS. Charities of a similar size with the same main cause include No Longer Bound Inc ($8.9m), Regional Enterprises Inc ($8.9m) and Emergency Physicians of Englewood PC ($8.9m).

On its Form 990 for the period ending March 2024, revenue came from contributions and grants 56% and program service revenue 43% of the total. Compensation of current officers, directors and key employees was $418k (5.4% of expenses). Other salaries and wages came to $3.3m. At year end it held assets of $5.4m against liabilities of $962k, net assets of $4.4m. It reported 89 employees.