Ohiohealth Corporation

Analysis

Ohiohealth Corporation is a registered charity in United States, based in Columbus, OH. It received its IRS tax-exemption ruling in October 1942, 84 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).

In the financial year ending June 2023, Ohiohealth Corporation reported income of $1.88bn and spending of $2.01bn, spending 107% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.41bn to $1.88bn (+34%), an average of +7.5% a year. Over the whole period it spent 107% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Ohiohealth Corporation sits at the 100th percentile: it is one of the largest 1% in its cause. 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 Geisinger Medical Center ($1.88bn), Sutter Health ($1.88bn) and Hoag Memorial Hospital Presbyterian ($1.84bn).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.7% and program service revenue 88% of the total. Compensation of current officers, directors and key employees was $2.9m (0.1% of expenses). Other salaries and wages came to $1.15bn. At year end it held assets of $1.62bn against liabilities of $1.04bn, net assets of $583.9m. It reported 7,746 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.