Scott & White Memorial Hospital

Analysis

Scott & White Memorial Hospital is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in July 1950, 76 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, Scott & White Memorial Hospital reported income of $1.69bn and spending of $1.38bn, spending 82% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.32bn to $1.69bn (+28%), an average of +6.4% a year. The sharpest change came in the year to June 2021, when income rose by 16%. Over the whole period it spent 81% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Scott & White Memorial Hospital sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 100th percentile within TX. Charities of a similar size with the same main cause include Kaleida Health ($1.69bn), Bayada Home Health Care Inc ($1.70bn) and Our Lady of the Lake Hospital Inc ($1.68bn).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 1.6% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $3.7m (0.3% of expenses). Other salaries and wages came to $396.1m. At year end it held assets of $1.71bn against liabilities of $215.6m, net assets of $1.49bn. It reported 8,348 employees.