Miami Valley Hospital Foundation
Analysis
Miami Valley Hospital Foundation is a registered charity in United States, based in Dayton, OH. It received its IRS tax-exemption ruling in September 1982, 44 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending December 2023, Miami Valley Hospital Foundation reported income of $9.7m and spending of $3.4m, leaving 65% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $9.1m to $9.7m (+7.3%), an average of +1.8% a year. The sharpest change came in the year to December 2023, when income rose by 52%. Over the whole period it spent 34% 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 Foundation sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within OH. Charities of a similar size with the same main cause include Hope Is Alive Ministries Inc ($9.7m), Dental Clinics North ($9.7m) and Baptist Nursing Home - Calhoun Inc ($9.7m).
On its Form 990 for the period ending December 2023, revenue came from contributions and grants 51% of the total. Compensation of current officers, directors and key employees was $418k (12% of expenses). Other salaries and wages came to $641k. At year end it held assets of $76.9m against liabilities of $3.7m, net assets of $73.2m. It reported 9 employees.
Income and spending
Where the income comes from
- Contributions & grants 51%
- Other 49%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Hope Is Alive Ministries Inc | Oklahoma City | $9.7m |
| Dental Clinics North | Harbor SPGS | $9.7m |
| Baptist Nursing Home - Calhoun Inc | Memphis | $9.7m |
| Sisters of St Joseph of St Mark- Mount St Joseph | Euclid | $9.7m |