Phillips County Hospital Assn

Analysis

Phillips County Hospital Assn is a registered charity in United States, based in Malta, MT. It received its IRS tax-exemption ruling in November 1972, 54 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 April 2023, Phillips County Hospital Assn reported income of $9.1m and spending of $11.0m, spending 120% of what it took in. Across the 5 years on record, from April 2019 to April 2023, income grew from $6.5m to $9.1m (+39%), an average of +8.7% a year. The sharpest change came in the year to April 2021, when income rose by 45%. Over the whole period it spent 100% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Phillips County Hospital Assn 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 95th percentile, and in the 96th percentile within MT. Charities of a similar size with the same main cause include After Hours Project Inc ($9.1m), Carondelet Long Term Care Facilities Inc ($9.1m) and St Josephs Childrens Home ($9.1m).

On its Form 990 for the period ending April 2023, revenue came from contributions and grants 3.3% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $211k (1.9% of expenses). Other salaries and wages came to $4.7m. At year end it held assets of $10.5m against liabilities of $3.5m, net assets of $7.0m. It reported 92 employees.