Mallory Community Health

Analysis

Mallory Community Health is a registered charity in United States, based in Lexington, MS. It received its IRS tax-exemption ruling in February 1994, 32 years ago. 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, Mallory Community Health reported income of $9.0m and spending of $8.7m, spending 96% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $6.2m to $9.0m (+45%), an average of +13% a year. The sharpest change came in the year to June 2021, when income rose by 44%. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Mallory Community Health 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 95th percentile, and in the 96th percentile within MS. Charities of a similar size with the same main cause include Kentucky Pharmacy Education and Research Foundation Inc ($9.0m), The Grand Traverse Bay Young Mens Christian Association ($9.0m) and Independent Institute ($9.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 56% and program service revenue 37% of the total. Other salaries and wages came to $5.4m. At year end it held assets of $6.6m against liabilities of $1.2m, net assets of $5.4m. It reported 149 employees.