Legacy Salmon Creek Hospital

Analysis

Legacy Salmon Creek Hospital is a registered charity in United States, based in Vancouver, WA. It received its IRS tax-exemption ruling in February 2004, 22 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 March 2023, Legacy Salmon Creek Hospital reported income of $535.6m and spending of $521.4m, spending 97% of its income. Across the 5 years on record, from March 2019 to March 2023, income grew from $407.6m to $535.6m (+31%), an average of +7.1% a year. Over the whole period it spent 91% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Legacy Salmon Creek Hospital sits at the 99th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 100th percentile within WA. Charities of a similar size with the same main cause include Lifenet Health ($535.5m), Greenwich Hospital ($536.7m) and Sandhills Center for Mental Health Developmental Disabilities & Subst ($532.9m).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 0.1% and program service revenue 100% of the total. Compensation of current officers, directors and key employees was $1.9m (0.4% of expenses). Other salaries and wages came to $247.4m. At year end it held assets of $654.2m against liabilities of $35.4m, net assets of $618.9m.