Madison County Hospital Inc

Analysis

Madison County Hospital Inc is a registered charity in United States, based in London, OH. It received its IRS tax-exemption ruling in February 2026. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation (type iii functionally integrated) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Madison County Hospital Inc reported income of $2.5m and spending of $3.4m, spending 134% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $5.2m to $2.5m (-51%), an average of -16% a year. The sharpest change came in the year to December 2020, when income dropped by 52%. Over the whole period it spent 112% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Madison County Hospital Inc sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 88th percentile within OH. Charities of a similar size with the same main cause include Professionals Resource Network Inc ($2.5m), Olympic Peninsula Community Clinic ($2.5m) and Center for Innovative Public Health Research ($2.5m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 90% of the total. At year end it held assets of $38.9m against liabilities of $34.8m, net assets of $4.1m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.