The Bellevue Hospital

Analysis

The Bellevue Hospital is a registered charity in United States, based in Bellevue, OH. It received its IRS tax-exemption ruling in March 1956, 70 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 2022, The Bellevue Hospital reported income of $56.3m and spending of $58.3m, spending 104% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $55.6m to $56.3m (+1.2%), an average of +0.4% a year. The sharpest change came in the year to December 2022, when income dropped by 18%. Over the whole period it spent 95% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, The Bellevue Hospital sits at the 93rd percentile: it is larger than about 93% 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 Schoolcraft Memorial Hospital ($56.2m), Goshen Medical Center Incorporated ($56.4m) and United Physicians Care Inc ($56.1m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 1.3% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $2.2m (3.8% of expenses). Other salaries and wages came to $17.7m. At year end it held assets of $74.6m against liabilities of $35.0m, net assets of $39.5m. It reported 481 employees.