Butler Hospital

Analysis

Butler Hospital is a registered charity in United States, based in Providence, RI. It received its IRS tax-exemption ruling in August 1919, 107 years ago. Its declared purposes cover mental health and crisis intervention, 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, Butler Hospital reported income of $135.1m and spending of $128.6m, spending 95% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $116.9m to $135.1m (+15%), an average of +3.7% a year. Over the whole period it spent 95% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Butler Hospital sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within RI. Charities of a similar size with the same main cause include Northwest Community Healthcare ($134.9m), Saint Francis Medical Center ($135.1m) and Methodist Health Inc ($134.8m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 0.7% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $1.6m (1.2% of expenses). Other salaries and wages came to $51.3m. At year end it held assets of $81.1m against liabilities of $24.2m, net assets of $56.8m. It reported 1,112 employees.