Deaconess Hospital Inc

Analysis

Deaconess Hospital Inc is a registered charity in United States, based in Evansville, IN. It received its IRS tax-exemption ruling in December 1938, 88 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 September 2023, Deaconess Hospital Inc reported income of $1.31bn and spending of $1.17bn, spending 90% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $1.05bn to $1.31bn (+25%), an average of +5.7% a year. The sharpest change came in the year to September 2021, when income rose by 32%. Over the whole period it spent 84% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Deaconess Hospital Inc sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 100th percentile within IN. Charities of a similar size with the same main cause include Bronson Methodist Hospital ($1.31bn), BJC Health System ($1.34bn) and Beth Israel Medical Center ($1.31bn).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 0.3% and program service revenue 85% of the total. Compensation of current officers, directors and key employees was $8.0m (0.7% of expenses). Other salaries and wages came to $391.0m. At year end it held assets of $2.37bn against liabilities of $700.4m, net assets of $1.67bn. It reported 7,311 employees.