Memorial Medical Center-San Augustine

Analysis

Memorial Medical Center-San Augustine is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in February 1999, 27 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, Memorial Medical Center-San Augustine reported income of $8.6m and spending of $11.3m, spending 131% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $7.2m to $8.6m (+19%), an average of +4.5% a year. Over the whole period it spent 123% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Memorial Medical Center-San Augustine sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 93rd percentile within AZ. Charities of a similar size with the same main cause include The C W Williams Community Health Center Inc ($8.6m), Anchor Health Initiative Corporation ($8.6m) and Birth to Three Developmental Center ($8.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 9.5% and program service revenue 89% of the total. Compensation of current officers, directors and key employees was $364k (3.2% of expenses). Other salaries and wages came to $3.1m. At year end it held assets of $2.1m against liabilities of $15.9m, net assets of -$13.8m. It reported 60 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.