Fort Hamilton Hospital

Analysis

Fort Hamilton Hospital is a registered charity in United States, based in Miamisburg, OH. It received its IRS tax-exemption ruling in January 1937, 89 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, Fort Hamilton Hospital reported income of $183.7m and spending of $179.0m, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $130.5m to $183.7m (+41%), an average of +8.9% a year. The sharpest change came in the year to December 2020, 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, Fort Hamilton Hospital sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 100th percentile within OH. Charities of a similar size with the same main cause include Hackensack Meridian Health Medical Group - Primary Care PC ($183.6m), Renown South Meadows Medical Center ($183.9m) and Behavioral Health Network Inc ($183.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.0% and program service revenue 100% of the total. Compensation of current officers, directors and key employees was $3.1m (1.7% of expenses). Other salaries and wages came to $61.7m. At year end it held assets of $104.9m against liabilities of $19.7m, net assets of $85.3m.