Exeter Hospital Inc

Analysis

Exeter Hospital Inc is a registered charity in United States, based in Exeter, NH. It received its IRS tax-exemption ruling in December 1986, 40 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, Exeter Hospital Inc reported income of $319.6m and spending of $307.6m, spending 96% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $303.9m to $319.6m (+5.2%), an average of +1.3% a year. Over the whole period it spent 90% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Exeter Hospital Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 100th percentile within NH. Charities of a similar size with the same main cause include Health Plan of Careoregon Inc ($318.6m), Howard County General Hospital Inc ($319.9m) and Baptist Memorial Hospital-Desoto Inc ($318.6m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 0.7% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $1.3m (0.4% of expenses). Other salaries and wages came to $108.2m. It paid $94k in professional fundraising fees. At year end it held assets of $257.2m against liabilities of $77.6m, net assets of $179.6m. It reported 1,936 employees.