Unitypoint Health-Marshalltown

Analysis

Unitypoint Health-Marshalltown is a registered charity in United States, based in Marshalltown, IA. It received its IRS tax-exemption ruling in May 2018, 8 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 December 2023, Unitypoint Health-Marshalltown reported income of $76.2m and spending of $73.9m, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $66.3m to $76.2m (+15%), an average of +3.6% a year. Over the whole period it spent 94% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Unitypoint Health-Marshalltown sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within IA. Charities of a similar size with the same main cause include Inspira Health Network Medical Group PC ($76.2m), Carnegie Cardiovascular PC ($76.2m) and GSL Hospital ($76.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.3% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $234k (0.3% of expenses). Other salaries and wages came to $35.1m. At year end it held assets of $81.8m against liabilities of $45.7m, net assets of $36.2m. It reported 459 employees.