Mission Hospital Inc

Analysis

Mission Hospital Inc is a registered charity in United States, based in Mission, TX. It received its IRS tax-exemption ruling in December 1982, 44 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 December 2023, Mission Hospital Inc reported income of $157.7m and spending of $132.3m, spending 84% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $191.3m to $157.7m (-18%), an average of -4.7% a year. The sharpest change came in the year to December 2023, when income rose by 30%. Over the whole period it spent 92% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Mission Hospital Inc sits at the 96th percentile: it is larger than about 96% of them. 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 Cedars-Sinai Marina Hospital ($157.5m), Trihealth Physician Institute ($158.1m) and Lifelink Foundation Inc ($157.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 3.3% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $1.7m (1.3% of expenses). Other salaries and wages came to $50.1m. At year end it held assets of $132.4m against liabilities of $23.9m, net assets of $108.5m. It reported 1,306 employees.