Troy Community Hospital Incorporated

Analysis

Troy Community Hospital Incorporated is a registered charity in United States, based in Troy, PA. It received its IRS tax-exemption ruling in March 1954, 72 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 June 2023, Troy Community Hospital Incorporated reported income of $35.4m and spending of $30.2m, spending 85% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $28.7m to $35.4m (+23%), an average of +5.3% a year. The sharpest change came in the year to June 2022, when income rose by 16%. Over the whole period it spent 82% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Troy Community Hospital Incorporated sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within PA. Charities of a similar size with the same main cause include Anthony L Jordan Health Corporation ($35.4m), Appalachian Regional Healthcare System Inc ($35.4m) and American Urological Association Education and Research Inc ($35.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.2% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $228k (0.8% of expenses). Other salaries and wages came to $9.2m. At year end it held assets of $93.7m against liabilities of $72.0m, net assets of $21.7m. It reported 189 employees.