Sidney Health Center

Analysis

Sidney Health Center is a registered charity in United States, based in Sidney, MT. It received its IRS tax-exemption ruling in February 1956, 70 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, Sidney Health Center reported income of $103.0m and spending of $102.1m, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $75.5m to $103.0m (+36%), an average of +8.1% a year. The sharpest change came in the year to June 2021, when income rose by 18%. 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, Sidney Health Center sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 100th percentile within MT. Charities of a similar size with the same main cause include Mercy Hospital Lebanon ($102.9m), Aurora Medical Center Bay Area Inc ($103.0m) and Joint Township District Memorial Hospital ($102.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.7% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $1.7m (1.7% of expenses). Other salaries and wages came to $32.2m. At year end it held assets of $98.7m against liabilities of $31.0m, net assets of $67.7m. It reported 657 employees.