McCullough-Hyde Memorial Hospital Incorporated

Analysis

McCullough-Hyde Memorial Hospital Incorporated is a registered charity in United States, based in Cincinnati, OH. It received its IRS tax-exemption ruling in June 1963, 63 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, McCullough-Hyde Memorial Hospital Incorporated reported income of $47.3m and spending of $47.4m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $54.7m to $47.3m (-14%), an average of -3.6% a year. Over the whole period it spent 93% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, McCullough-Hyde Memorial Hospital Incorporated sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within OH. Charities of a similar size with the same main cause include Bethesda Long Term Care Inc ($47.2m), Navos ($47.3m) and Ibis Healthcare Inc ($47.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.3% and program service revenue 98% of the total. Other salaries and wages came to $19.1m. At year end it held assets of $52.3m against liabilities of $4.0m, net assets of $48.3m. It reported 329 employees.