Miami Valley Hospital

Analysis

Miami Valley Hospital is a registered charity in United States, based in Dayton, OH. It received its IRS tax-exemption ruling in June 1942, 84 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, Miami Valley Hospital reported income of $1.55bn and spending of $1.25bn, spending 80% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.20bn to $1.55bn (+29%), an average of +6.6% a year. The sharpest change came in the year to December 2023, when income rose by 15%. Over the whole period it spent 81% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Miami Valley Hospital sits at the 100th percentile: it is one of the largest 1% in its cause. 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 Childrens Hospital of Orange County ($1.55bn), Hennepin Healthcare System Inc ($1.55bn) and Sharp Memorial Hospital ($1.54bn).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.2% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $3.8m (0.3% of expenses). Other salaries and wages came to $376.2m. At year end it held assets of $1.48bn against liabilities of $908.6m, net assets of $570.9m. It reported 10,154 employees.