Bay Park Community Hospital

Analysis

Bay Park Community Hospital is a registered charity in United States, based in Toledo, OH. It received its IRS tax-exemption ruling in September 1999, 27 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Bay Park Community Hospital reported income of $123.6m and spending of $102.9m, spending 83% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $85.5m to $123.6m (+45%), an average of +9.7% a year. The sharpest change came in the year to December 2020, when income rose by 16%. Over the whole period it spent 87% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Bay Park 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 Mountain Comprehensive Care Center Inc ($123.6m), SVCMC Inc ($123.7m) and St Vincent Health Inc ($123.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.2% and program service revenue 100% of the total. Other salaries and wages came to $27.4m. At year end it held assets of $55.7m against liabilities of $27.1m, net assets of $28.6m. It reported 667 employees.