Arkansas Methodist Hospital Corporation

Analysis

Arkansas Methodist Hospital Corporation is a registered charity in United States, based in Paragould, AR. It received its IRS tax-exemption ruling in April 1951, 75 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, Arkansas Methodist Hospital Corporation reported income of $81.9m and spending of $87.7m, spending 107% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $66.4m to $81.9m (+23%), an average of +5.4% a year. The sharpest change came in the year to June 2021, when income rose by 35%. Over the whole period it spent 102% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Arkansas Methodist Hospital Corporation sits at the 95th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within AR. Charities of a similar size with the same main cause include Community Health Center of Snohomish County ($81.9m), Kids Central Inc ($82.0m) and Utah Navajo Health System Incorporated ($81.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.2% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $301k (0.3% of expenses). Other salaries and wages came to $35.8m. At year end it held assets of $55.1m against liabilities of $20.3m, net assets of $34.8m. It reported 877 employees.