Marshall Medical Center

Analysis

Marshall Medical Center is a registered charity in United States, based in Placerville, CA. It received its IRS tax-exemption ruling in June 1962, 64 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 October 2023, Marshall Medical Center reported income of $331.0m and spending of $322.2m, spending 97% of its income. Across the 5 years on record, from October 2019 to October 2023, income grew from $291.0m to $331.0m (+14%), an average of +3.3% a year. Over the whole period it spent 96% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Marshall Medical Center sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 100th percentile within CA. Charities of a similar size with the same main cause include Wellstar North Fulton Hospital Inc ($330.4m), Cleveland Clinic Mercy Hospital ($331.1m) and Saint Marys Hospital Inc ($330.2m).

On its Form 990 for the period ending October 2023, revenue came from contributions and grants 1.0% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $2.6m (0.8% of expenses). Other salaries and wages came to $101.8m. At year end it held assets of $339.8m against liabilities of $149.1m, net assets of $190.7m. It reported 1,899 employees.