Barnesville Hospital Association Inc

Analysis

Barnesville Hospital Association Inc is a registered charity in United States, based in Barnesville, OH. It received its IRS tax-exemption ruling in April 1947, 79 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, Barnesville Hospital Association Inc reported income of $26.7m and spending of $26.0m, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $18.3m to $26.7m (+45%), an average of +9.8% a year. The sharpest change came in the year to December 2020, when income rose by 23%. Over the whole period it spent 96% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Barnesville Hospital Association Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within OH. Charities of a similar size with the same main cause include Near North Health Service Corporation ($26.6m), St Vincent Health Wellness and Preventive Care Institute Inc ($26.7m) and Planned Parenthood of Florida Inc ($26.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.9% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $712k (2.7% of expenses). Other salaries and wages came to $8.4m. At year end it held assets of $15.7m against liabilities of $8.6m, net assets of $7.1m. It reported 248 employees.