Highland-Clarksburg Hospital Inc

Analysis

Highland-Clarksburg Hospital Inc is a registered charity in United States, based in Clarksburg, WV. It received its IRS tax-exemption ruling in June 2014, 12 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, Highland-Clarksburg Hospital Inc reported income of $24.1m and spending of $22.1m, spending 91% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $22.1m to $24.1m (+9.2%), an average of +2.2% a year. The sharpest change came in the year to September 2023, when income rose by 17%. Over the whole period it spent 98% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Highland-Clarksburg Hospital Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within WV. Charities of a similar size with the same main cause include Baptist Memorial Hospital Booneville Inc ($24.1m), Crossnore Communities for Children ($24.1m) and Meeting Street ($24.1m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 7.8% and program service revenue 91% of the total. Other salaries and wages came to $8.9m. At year end it held assets of $42.1m against liabilities of $30.4m, net assets of $11.7m. It reported 333 employees.