Memorial Hospital Inc
210 Marie Langdon Dr, Manchester, KY · IRS data through FY2024
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2024 | $93,689,857 | $88,559,935 | $20,385,941 |
| FY2023 | $90,248,673 | $87,531,600 | $15,247,619 |
| FY2022 | $74,509,151 | $80,763,946 | $12,474,146 |
| FY2021 | $77,369,754 | $77,338,839 | $19,415,747 |
| FY2020 | $56,497,252 | $65,046,017 | $20,132,542 |
| FY2019 | $53,770,611 | $58,162,805 | $28,839,787 |
| FY2018 | $59,066,372 | $61,139,885 | $17,064,277 |
| FY2017 | $58,138,130 | $60,518,325 | $19,741,482 |
| FY2016 | $58,325,236 | $58,901,699 | $22,134,032 |
| FY2015 | $57,152,518 | $55,617,924 | $22,527,025 |
| FY2014 | $53,881,061 | $52,315,621 | $20,976,023 |
| FY2013 | $54,211,886 | $53,858,226 | $19,552,116 |
| FY2012 | $57,529,781 | $54,600,459 | $16,214,070 |
| FY2011 | $57,394,386 | $55,915,026 | $15,781,383 |
Form 990 filings
The returns filed by Memorial Hospital Inc (EIN 61-0594620), including Form 990 PDFs and e-file data by year, are available in ProPublica's Nonprofit Explorer. The figures on this page come from IRS data files built from those returns.
Where the revenue came from
| Source | Amount | % of revenue |
|---|---|---|
| Contributions & grants | $1,145,981 | 1% |
| Program service revenue | $92,429,509 | 99% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $79,587,124 | 90% |
| Management & general | $8,972,811 | 10% |
| Fundraising | $0 | 0% |
What the numbers show
- Program service revenue made up 99% of total revenue in FY2024.
- Program services accounted for 90% of functional expenses, management & general 10%, and fundraising 0%.
- 90% of functional expenses went to program services in FY2024. That is higher than 75.6% of 78 Health Care organizations in KY.
- Net assets covered about 2.8 months of expenses at the end of the reporting year. That puts it in the 21st percentile among 289 Health Care organizations in KY.
- Total revenue was higher than 91% of 299 Health Care organizations in KY.
- Total revenue rose from $57,394,386 in FY2011 to $93,689,857 in FY2024. Revenue increased in 8 and decreased in 5 of 13 year-over-year comparisons.
- Expenses exceeded revenue in 6 of 14 reported years (FY2016, FY2017, FY2018, FY2019, FY2020, FY2022).
- Net assets grew from $15,781,383 to $20,385,941 between FY2011 and FY2024.
Figures compared against other organizations of the same NTEE program area in the same state. See the methodology page for how these are calculated and the guide to reading nonprofit financials for their limits.
About this organization
The provision of medical care to the community through the operation of a 49 bed hospital.
IRS status
| Ruling year | 1969 |
| Subsection | 501(c)(3) |
| Classification | Public charity |
| Program area (NTEE) | E220 — Health Care (in KY) |
Similar organizations
- Mountain Comprehensive Health Corporation — Whitesburg, KY · $93,705,188
- Jane Todd Crawford Memorialhospital Inc — Greensburg, KY · $96,863,335
- Rockcastle County Hospital Inc — Mount Vernon, KY · $97,623,707
- American Eagle Lifecare Corporation — Lexington, KY · $82,885,819
- Lewis County Promary Care Center Inc — Vanceburg, KY · $107,127,446
- Ohio County Hospital Corporation — Hartford, KY · $108,385,053
- Harrison Memorial Hospital — Cynthiana, KY · $109,413,155
- Grace Community Health Center Inc — Corbin, KY · $73,902,949
Source: Internal Revenue Service — Exempt Organizations Business Master File (downloaded November 4, 2026), Statistics of Income extracts, Form 990 e-file data, Publication 78 and the Automatic Revocation list. Figures are as reported by the organization; IRS processing may adjust them. This is not a charity rating and not tax advice. Confirm deductibility in IRS Tax Exempt Organization Search.
Think something here is wrong or should be removed? Use the contact form — we act on removal requests within 30 days.