Pomerene Hospital

Analysis

Pomerene Hospital is a registered charity in United States, based in Millersburg, OH. It received its IRS tax-exemption ruling in November 2015, 11 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, Pomerene Hospital reported income of $42.7m and spending of $38.3m, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $36.4m to $42.7m (+18%), an average of +4.1% a year. The sharpest change came in the year to December 2022, when income dropped by 21%. Over the whole period it spent 90% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Pomerene Hospital sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 99th percentile within OH. Charities of a similar size with the same main cause include Barrett Hospital Development Corporation ($42.7m), Bronxcare Special Care Center ($42.8m) and Beacon Allegan Inc ($42.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 3.6% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $545k (1.4% of expenses). Other salaries and wages came to $13.8m. At year end it held assets of $40.7m against liabilities of $4.9m, net assets of $35.7m. It reported 589 employees.