Madison Valley Hospital Inc

Analysis

Madison Valley Hospital Inc is a registered charity in United States, based in Ennis, MT. It received its IRS tax-exemption ruling in January 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 September 2023, Madison Valley Hospital Inc reported income of $16.6m and spending of $15.9m, spending 96% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $10.1m to $16.6m (+64%), an average of +13% a year. The sharpest change came in the year to September 2021, when income rose by 29%. Over the whole period it spent 89% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Madison Valley Hospital Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 98th percentile within MT. Charities of a similar size with the same main cause include Midland Community Healthcare Services ($16.6m), Easter Seals Rehabilitation Center Inc ($16.6m) and United Cerebral Palsy Heartland ($16.6m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 4.7% and program service revenue 80% of the total. Compensation of current officers, directors and key employees was $373k (2.3% of expenses). Other salaries and wages came to $6.9m. At year end it held assets of $20.8m against liabilities of $7.5m, net assets of $13.3m. It reported 154 employees.