Greenfield Area Medical Center

Analysis

Greenfield Area Medical Center is a registered charity in United States, based in Greenfield, OH. It received its IRS tax-exemption ruling in March 1981, 45 years ago. 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, Greenfield Area Medical Center reported income of $25.4m and spending of $23.9m, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $18.9m to $25.4m (+34%), an average of +7.6% a year. The sharpest change came in the year to December 2021, when income rose by 24%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Greenfield Area Medical Center sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within OH. Charities of a similar size with the same main cause include Emerald Cities Collaborative Inc ($25.4m), Mary M Gooley Hemophilia Center Inc ($25.4m) and San Jose Conservation Corps ($25.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.9% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $363k (1.5% of expenses). Other salaries and wages came to $9.0m. At year end it held assets of $14.9m against liabilities of $1.6m, net assets of $13.3m. It reported 215 employees.