Kettering Adventist Healthcare

Analysis

Kettering Adventist Healthcare is a registered charity in United States, based in Kettering, OH. It received its IRS tax-exemption ruling in April 1947, 79 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, Kettering Adventist Healthcare reported income of $34.1m and spending of $25.6m, leaving 25% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $40.9m to $34.1m (-17%), an average of -4.5% a year. Over the whole period it spent 86% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Kettering Adventist Healthcare sits at the 99th percentile: it is larger than about 99% 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 Pathways Home Health and Hospice ($34.1m), San Diego Comic Convention ($34.1m) and Association of Hutterian Brethren Churches Inc ($34.0m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 98% of the total. Compensation of current officers, directors and key employees was $7.8m (30% of expenses). Other salaries and wages came to $14.2m. At year end it held assets of $47.3m against liabilities of $24.1m, net assets of $23.2m. It reported 50 employees.