Aca-Cleveland Area Hospital

Analysis

Aca-Cleveland Area Hospital is a registered charity in United States, based in Cleveland, OK. It received its IRS tax-exemption ruling in May 2013, 13 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 2020, Aca-Cleveland Area Hospital reported income of $20.1m and spending of $19.8m, spending 99% of its income. Across the 2 years on record, from December 2019 to December 2020, income grew from $17.8m to $20.1m (+13%), an average of +13% a year. Over the whole period it spent 101% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Aca-Cleveland Area Hospital sits at the 89th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 98th percentile within OK. Charities of a similar size with the same main cause include Sheridan Memorial Hospital Association ($20.1m), Tamid Healthcare NFP ($20.1m) and Lines for Life ($20.1m).

On its Form 990 for the period ending December 2020, revenue came from contributions and grants 9.9% and program service revenue 90% of the total. Compensation of current officers, directors and key employees was $605k (3.1% of expenses). Other salaries and wages came to $9.1m. At year end it held assets of $13.0m against liabilities of $14.2m, net assets of -$1.2m. It reported 227 employees.