Whitley Memorial Hospital Inc

Analysis

Whitley Memorial Hospital Inc is a registered charity in United States, based in Columbia City, IN. It received its IRS tax-exemption ruling in February 1997, 29 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 2023, Whitley Memorial Hospital Inc reported income of $104.1m and spending of $92.4m, spending 89% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $97.2m to $104.1m (+7.1%), an average of +1.7% a year. The sharpest change came in the year to December 2021, when income rose by 18%. 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, Whitley Memorial Hospital Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within IN. Charities of a similar size with the same main cause include Oaks Integrated Care ($104.0m), University Pediatricians ($104.2m) and Ottawa Hospital Research Institute ($103.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.1% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $1.0m (1.1% of expenses). Other salaries and wages came to $23.9m. At year end it held assets of $175.5m against liabilities of $35.1m, net assets of $140.4m. It reported 481 employees.