Monongalia County General Hospital Company

Analysis

Monongalia County General Hospital Company is a registered charity in United States, based in Morgantown, WV. It received its IRS tax-exemption ruling in March 1975, 51 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 December 2023, Monongalia County General Hospital Company reported income of $384.2m and spending of $349.5m, spending 91% of its income. Across the 6 years on record, from June 2019 to December 2023, income grew from $301.1m to $384.2m (+28%), an average of +5.0% a year. The sharpest change came in the year to December 2023, when income rose by 138%. Over the whole period it spent 100% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Monongalia County General Hospital Company 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 WV. Charities of a similar size with the same main cause include McLaren Health Care Corporation ($384.2m), Centrastate Medical Center Inc ($384.3m) and Indiana University Health West Hospital Inc ($383.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.1% and program service revenue 98% of the total. Other salaries and wages came to $116.9m. At year end it held assets of $326.5m against liabilities of $134.2m, net assets of $192.3m. It reported 2,053 employees.