Frances Mahon Deaconess Hospital

Analysis

Frances Mahon Deaconess Hospital is a registered charity in United States, based in Glasgow, MT. It received its IRS tax-exemption ruling in September 1939, 87 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, Frances Mahon Deaconess Hospital reported income of $40.5m and spending of $36.3m, spending 90% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $30.8m to $40.5m (+32%), an average of +7.1% a year. The sharpest change came in the year to June 2021, when income rose by 35%. Over the whole period it spent 86% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Frances Mahon Deaconess Hospital 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 MT. Charities of a similar size with the same main cause include Essentia Health Moose Lake ($40.5m), Iroquois Memorial Hospital and Resident Home ($40.5m) and Susan B Allen Memorial Hospital ($40.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 4.7% and program service revenue 100% of the total. Compensation of current officers, directors and key employees was $1.6m (4.3% of expenses). Other salaries and wages came to $13.5m. At year end it held assets of $77.7m against liabilities of $3.1m, net assets of $74.6m. It reported 318 employees.