Cox Barton County Hospital

Analysis

Cox Barton County Hospital is a registered charity in United States, based in Lamar, MO. It received its IRS tax-exemption ruling in October 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 September 2023, Cox Barton County Hospital reported income of $33.0m and spending of $27.8m, spending 84% of its income. Across the 4 years on record, from September 2020 to September 2023, income grew from $22.8m to $33.0m (+44%), an average of +13% a year. The sharpest change came in the year to September 2023, when income rose by 17%. Over the whole period it spent 92% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Cox Barton County Hospital sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 97th percentile within MO. Charities of a similar size with the same main cause include St Josephs Health Services Inc ($33.0m), Southeast Mississippi Rural Health Initiative Inc ($33.0m) and Society of Critical Care Medicine ($33.0m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 3.0% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $88k (0.3% of expenses). Other salaries and wages came to $13.0m. At year end it held assets of $25.8m against liabilities of $18.7m, net assets of $7.1m. It reported 250 employees.