Bristol Hospital Incorporated

Analysis

Bristol Hospital Incorporated is a registered charity in United States, based in Bristol, CT. It received its IRS tax-exemption ruling in July 1925, 101 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, Bristol Hospital Incorporated reported income of $161.8m and spending of $160.9m, spending 99% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $152.5m to $161.8m (+6.1%), an average of +1.5% a year. Over the whole period it spent 99% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Bristol Hospital Incorporated 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 100th percentile, and in the 99th percentile within CT. Charities of a similar size with the same main cause include Uniontown Hospital ($161.7m), St Marys Hospital Decatur of the Hospital Sisters of the Third Orde ($162.1m) and Nazareth Hospital ($161.7m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 3.1% and program service revenue 93% of the total. Compensation of current officers, directors and key employees was $2.6m (1.6% of expenses). Other salaries and wages came to $66.3m. At year end it held assets of $103.3m against liabilities of $127.6m, net assets of -$24.3m. It reported 1,471 employees.