Harrison Community Hospital Inc

Analysis

Harrison Community Hospital Inc is a registered charity in United States, based in Cadiz, OH. It received its IRS tax-exemption ruling in January 1998, 28 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, Harrison Community Hospital Inc reported income of $20.6m and spending of $20.2m, spending 98% of its income. Across the 6 years on record, from September 2019 to December 2023, income grew from $19.7m to $20.6m (+4.5%), an average of +0.9% a year. The sharpest change came in the year to December 2022, when income rose by 390%. Over the whole period it spent 104% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Harrison Community Hospital Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within OH. Charities of a similar size with the same main cause include Somos Healthcare Providers Inc ($20.6m), Wellmore Inc ($20.6m) and Mental Health Emergency Center Inc ($20.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 3.4% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $333k (1.7% of expenses). Other salaries and wages came to $6.4m. At year end it held assets of $9.7m against liabilities of $12.8m, net assets of -$3.1m. It reported 146 employees.