Melissa Memorial Hospital Corporation

Analysis

Melissa Memorial Hospital Corporation is a registered charity in United States, based in Holyoke, CO. It received its IRS tax-exemption ruling in July 2007, 19 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Melissa Memorial Hospital Corporation reported income of $485k and spending of $452k, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $527k to $485k (-8.0%), an average of -2.1% a year. Over the whole period it spent 95% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Melissa Memorial Hospital Corporation sits at the 54th percentile: it is larger than about 54% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 67th percentile within CO. Charities of a similar size with the same main cause include Habib Alrahman Charity Foundation ($485k), Battle Within Inc ($485k) and Chris Klug Foundation ($485k).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $7.7m against liabilities of $8.0m, net assets of -$264k.