Holzer Hospital Foundation
Analysis
Holzer Hospital Foundation is a registered charity in United States, based in Gallipolis, OH. It received its IRS tax-exemption ruling in July 1946, 80 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 June 2023, Holzer Hospital Foundation reported income of $220.8m and spending of $181.5m, spending 82% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $187.9m to $220.8m (+18%), an average of +4.1% a year. Over the whole period it spent 80% of the income it received.
Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Holzer Hospital Foundation 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 Eliot Community Human Services Inc ($219.9m), Prisma Health ($221.3m) and Fello Inc ($219.9m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 1.7% and program service revenue 98% of the total. Other salaries and wages came to $59.6m. At year end it held assets of $136.6m against liabilities of $52.2m, net assets of $84.5m. It reported 1,711 employees.
Income and spending
Where the income comes from
- Contributions & grants 1.7%
- Program services 98%
- Other 0.7%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Eliot Community Human Services Inc | Lexington | $219.9m |
| Prisma Health | Greenville | $221.3m |
| Fello Inc | Linthicum HTS | $219.9m |
| Villages Tri-County Medical Center Inc | The Villages | $221.3m |