Galion Community Hospital

Analysis

Galion Community Hospital is a registered charity in United States, based in Galion, 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 June 2023, Galion Community Hospital reported income of $287.3m and spending of $267.6m, spending 93% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $212.4m to $287.3m (+35%), an average of +7.8% a year. Over the whole period it spent 89% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Galion Community Hospital sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 100th percentile within OH. Charities of a similar size with the same main cause include White River Health System Inc ($287.0m), Firelands Regional Medical Center ($287.3m) and Kings Physician Services PC ($286.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 2.1% and program service revenue 95% of the total. Other salaries and wages came to $61.3m. At year end it held assets of $172.7m against liabilities of $112.1m, net assets of $60.6m. It reported 2,296 employees.