Daniels Memorial Hospital

Analysis

Daniels Memorial Hospital is a registered charity in United States, based in Scobey, MT. It received its IRS tax-exemption ruling in October 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, Daniels Memorial Hospital reported income of $12.6m and spending of $12.5m, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $8.9m to $12.6m (+42%), an average of +9.1% a year. The sharpest change came in the year to June 2021, when income rose by 24%. Over the whole period it spent 91% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Daniels Memorial Hospital sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within MT. Charities of a similar size with the same main cause include Rtog Foundation Inc ($12.6m), Carle Development Foundation ($12.6m) and Teton Youth & Family Services Inc ($12.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.8% and program service revenue 94% of the total. Other salaries and wages came to $4.0m. It paid $10k in professional fundraising fees. At year end it held assets of $9.0m against liabilities of $1.9m, net assets of $7.0m. It reported 96 employees.