Desoto Hospital Association

Analysis

Desoto Hospital Association is a registered charity in United States, based in Mansfield, LA. It received its IRS tax-exemption ruling in December 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 September 2023, Desoto Hospital Association reported income of $38.1m and spending of $33.5m, spending 88% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $25.7m to $38.1m (+48%), an average of +10% a year. The sharpest change came in the year to September 2020, when income rose by 27%. Over the whole period it spent 90% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Desoto Hospital Association sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 99th percentile within LA. Charities of a similar size with the same main cause include Elliot Physicians Network Inc ($38.0m), Staywell Health Care Inc ($38.1m) and Behavioral Health Services North Inc ($38.0m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 4.8% and program service revenue 93% of the total. Compensation of current officers, directors and key employees was $959k (2.9% of expenses). Other salaries and wages came to $12.1m. At year end it held assets of $35.2m against liabilities of $3.4m, net assets of $31.7m. It reported 339 employees.