Adena Health System

Analysis

Adena Health System is a registered charity in United States, based in Chillicothe, OH. It received its IRS tax-exemption ruling in September 1951, 75 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, Adena Health System reported income of $670.0m and spending of $684.5m, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $566.2m to $670.0m (+18%), an average of +4.3% a year. The sharpest change came in the year to December 2021, when income rose by 15%. Over the whole period it spent 97% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Adena Health System 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 100th percentile, and in the 100th percentile within OH. Charities of a similar size with the same main cause include Harvard Medical Faculty Phys at Beth Israel Deaconess Med Ctr Inc ($666.6m), Texas Childrens Physician Group ($670.5m) and Health Care LA Ipa ($665.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.5% and program service revenue 93% of the total. Compensation of current officers, directors and key employees was $7.4m (1.1% of expenses). Other salaries and wages came to $278.1m. At year end it held assets of $806.5m against liabilities of $415.4m, net assets of $391.0m. It reported 3,987 employees.