Salem Community Hospital

Analysis

Salem Community Hospital is a registered charity in United States, based in Salem, OH. It received its IRS tax-exemption ruling in September 1969, 57 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, Salem Community Hospital reported income of $113.5m and spending of $117.3m, spending 103% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $118.4m to $113.5m (-4.2%), an average of -1.1% a year. Over the whole period it spent 89% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Salem Community Hospital sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within OH. Charities of a similar size with the same main cause include Guthrie Cortland Medical Center ($113.4m), South Peninsula Hospital Inc ($113.5m) and Seven Counties Services Inc ($113.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 1.8% and program service revenue 88% of the total. Compensation of current officers, directors and key employees was $1.1m (1.0% of expenses). Other salaries and wages came to $31.1m. At year end it held assets of $278.7m against liabilities of $73.2m, net assets of $205.5m. It reported 767 employees.