Community Hospitals and Wellness Centers

Analysis

Community Hospitals and Wellness Centers is a registered charity in United States, based in Bryan, OH. It received its IRS tax-exemption ruling in February 1970, 56 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, Community Hospitals and Wellness Centers reported income of $25.3m and spending of $20.5m, spending 81% of its income. Across the 5 years on record, from September 2019 to December 2023, income fell from $90.8m to $25.3m (-72%), an average of -27% a year. The sharpest change came in the year to December 2023, when income dropped by 78%. Over the whole period it spent 98% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Community Hospitals and Wellness Centers 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 Bethesda Healthcare Inc ($25.3m), Neighborhood Health Care Incorporated ($25.3m) and Calvert Health System Inc ($25.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.1% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $299k (1.5% of expenses). Other salaries and wages came to $7.3m. At year end it held assets of $119.5m against liabilities of $54.0m, net assets of $65.5m. It reported 837 employees.