Gaylord Hospital Inc

Analysis

Gaylord Hospital Inc is a registered charity in United States, based in Wallingford, CT. It received its IRS tax-exemption ruling in May 1991, 35 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, Gaylord Hospital Inc reported income of $103.7m and spending of $94.4m, spending 91% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $90.3m to $103.7m (+15%), an average of +3.5% a year. Over the whole period it spent 92% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Gaylord Hospital Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within CT. Charities of a similar size with the same main cause include Bartow Regional Medical Center Inc ($103.7m), Clinicas de Salud Del Pueblo Inc ($103.7m) and Wellnessworx Inc ($103.7m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 11% and program service revenue 87% of the total. Compensation of current officers, directors and key employees was $3.0m (3.2% of expenses). Other salaries and wages came to $51.7m. At year end it held assets of $132.0m against liabilities of $37.8m, net assets of $94.3m. It reported 1,180 employees.