Wood County Hospital Assn

Analysis

Wood County Hospital Assn is a registered charity in United States, based in Bowling Green, OH. It received its IRS tax-exemption ruling in July 1952, 74 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, Wood County Hospital Assn reported income of $133.4m and spending of $138.1m, spending 104% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $120.2m to $133.4m (+11%), an average of +2.6% a year. Over the whole period it spent 99% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Wood County Hospital Assn 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 Johns Hopkins Pharmaquip Inc ($133.1m), Avera Queen of Peace ($133.5m) and Northwest Kidney Centers ($133.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.5% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $1.2m (0.8% of expenses). Other salaries and wages came to $52.2m. At year end it held assets of $218.2m against liabilities of $63.5m, net assets of $154.7m. It reported 893 employees.