Windsor Hospital Corporation

Analysis

Windsor Hospital Corporation is a registered charity in United States, based in Windsor, VT. It received its IRS tax-exemption ruling in April 1942, 84 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, Windsor Hospital Corporation reported income of $71.8m and spending of $68.4m, spending 95% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $55.7m to $71.8m (+29%), an average of +6.6% a year. The sharpest change came in the year to September 2021, when income rose by 16%. 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, Windsor Hospital Corporation sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within VT. Charities of a similar size with the same main cause include Mississippi Methodist Hospital Rehabilitation Center Inc ($71.7m), Lowell Community Health Center Inc ($71.9m) and Kirby Medical Center ($71.7m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 1.8% and program service revenue 93% of the total. Compensation of current officers, directors and key employees was $1.9m (2.7% of expenses). Other salaries and wages came to $27.6m. At year end it held assets of $82.1m against liabilities of $37.3m, net assets of $44.9m. It reported 560 employees.