Hot Spring County Medical Center

Analysis

Hot Spring County Medical Center is a registered charity in United States, based in Malvern, AR. It received its IRS tax-exemption ruling in November 1995, 31 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, Hot Spring County Medical Center reported income of $113k and spending of $109k, spending 96% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $114k to $113k (-0.8%), an average of -0.2% a year. The sharpest change came in the year to June 2023, when income rose by 54%. Over the whole period it spent 214% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Hot Spring County Medical Center sits at the 30th percentile: it is larger than about 30% of them. Against every charity in United States with reported income it ranks in the 40th percentile, and in the 39th percentile within AR. Charities of a similar size with the same main cause include Mid Coast Smackdown ($113k), Alano Club of Santa Barbara Inc ($113k) and Ryan Wolfe Kossar Foundation Inc ($113k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 101% of the total. At year end it held assets of $813k against liabilities of $224k, net assets of $588k.