Holzer Health System

Analysis

Holzer Health System is a registered charity in United States, based in Gallipolis, OH. It received its IRS tax-exemption ruling in February 1987, 39 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Holzer Health System reported income of $126.8m and spending of $168.5m, spending 133% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $126.7m to $126.8m (+0.1%), an average of +0.0% a year. The sharpest change came in the year to June 2022, when income rose by 16%. Over the whole period it spent 133% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Holzer Health System sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within OH. Charities of a similar size with the same main cause include Amyotrophic Lateral Sclerosis Assn ($126.5m), The New York Eye and Ear Infirmary ($126.8m) and Harnett Health System Inc ($126.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.0% and program service revenue 100% of the total. Compensation of current officers, directors and key employees was $7.1m (4.2% of expenses). Other salaries and wages came to $76.0m. At year end it held assets of $125.7m against liabilities of $134.7m, net assets of -$8.9m. It reported 861 employees.

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.