Osmond General Hospital Inc

Analysis

Osmond General Hospital Inc is a registered charity in United States, based in Osmond, NE. It received its IRS tax-exemption ruling in March 1972, 54 years ago. 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 June 2023, Osmond General Hospital Inc reported income of $9.8m and spending of $8.9m, spending 91% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $8.6m to $9.8m (+14%), an average of +3.2% a year. The sharpest change came in the year to June 2021, when income rose by 41%. Over the whole period it spent 88% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Osmond General 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 95th percentile, and in the 95th percentile within NE. Charities of a similar size with the same main cause include Pastoral Counseling Service of Summit County ($9.7m), Heartbeat International Inc ($9.8m) and St Mary Community Action Committee Assn Inc ($9.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 6.8% and program service revenue 90% of the total. Compensation of current officers, directors and key employees was $304k (3.4% of expenses). Other salaries and wages came to $3.5m. At year end it held assets of $11.6m against liabilities of $1.1m, net assets of $10.4m. It reported 87 employees.