Atrium Medical Center

Analysis

Atrium Medical Center is a registered charity in United States, based in Dayton, OH. It received its IRS tax-exemption ruling in February 1984, 42 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 December 2023, Atrium Medical Center reported income of $262.0m and spending of $227.8m, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $233.7m to $262.0m (+12%), an average of +2.9% a year. The sharpest change came in the year to December 2021, when income rose by 18%. Over the whole period it spent 86% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Atrium Medical Center sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 100th percentile within OH. Charities of a similar size with the same main cause include Baptist Memorial Hospital - Jonesboro Inc ($261.9m), Scottsdale Healthcare Corp ($262.0m) and Care Initiatives ($261.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.2% and program service revenue 94% of the total. Compensation of current officers, directors and key employees was $2.0m (0.9% of expenses). Other salaries and wages came to $71.3m. At year end it held assets of $282.5m against liabilities of $298.1m, net assets of -$15.7m. It reported 1,809 employees.