Christ Hospital

Analysis

Christ Hospital is a registered charity in United States, based in Cincinnati, OH. It received its IRS tax-exemption ruling in April 1985, 41 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, Christ Hospital reported income of $1.30bn and spending of $1.29bn, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.07bn to $1.30bn (+22%), an average of +5.0% a year. 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, Christ Hospital sits at the 99th 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 Chan Zuckerberg Biohub Inc ($1.29bn), Beth Israel Medical Center ($1.31bn) and Priority Health Choice Inc ($1.29bn).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.0% and program service revenue 91% of the total. Compensation of current officers, directors and key employees was $3.1m (0.2% of expenses). Other salaries and wages came to $564.1m. At year end it held assets of $1.41bn against liabilities of $604.1m, net assets of $805.7m. It reported 8,159 employees.