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Goshen Hospital Association Inc

RegisteredEIN 35-6001540Goshen, INHealth and saving lives
Income$272.8m2023-12
Spending$296.2msame year
Spent / received101%5-year average
Size in its cause97th pctHealth and saving lives
Exempt since1946Hospital or medical research
Employees1,851latest return

Analysis

Goshen Hospital Association Inc is a registered charity in United States, based in Goshen, IN. It received its IRS tax-exemption ruling in June 1946, 80 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, Goshen Hospital Association Inc reported income of $272.8m and spending of $296.2m, spending 109% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $270.3m to $272.8m (+0.9%), an average of +0.2% a year. Over the whole period it spent 101% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Goshen Hospital Association Inc 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 IN. Charities of a similar size with the same main cause include El Rio Santa Cruz Neighborhood Health Center Inc ($271.8m), MGB Pooled Holdings LLC ($272.8m) and McLaren Northern Michigan ($271.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.8% and program service revenue 90% of the total. Compensation of current officers, directors and key employees was $4.8m (1.6% of expenses). Other salaries and wages came to $83.1m. At year end it held assets of $480.4m against liabilities of $169.5m, net assets of $310.9m. It reported 1,851 employees.

Income and spending

$0$77.7m$155.3m$233.0m$310.7m2019 Income: $270,292,6442019 Spending: $272,450,05920192020 Income: $277,211,3892020 Spending: $262,263,74120202021 Income: $278,345,2122021 Spending: $273,666,06920212022 Income: $304,789,0912022 Spending: $310,672,31620222023 Income: $272,753,5082023 Spending: $296,198,1682023
IncomeSpending

Where the income comes from

  • Contributions & grants 0.8%
  • Program services 90%
  • Other 9.4%

Similar-sized charities, same cause

CharityLocationIncome
El Rio Santa Cruz Neighborhood Health Center IncTucson$271.8m
MGB Pooled Holdings LLCSomerville$272.8m
McLaren Northern MichiganPetoskey$271.6m
New York Queens Medicine and Surgery PCFlushing$273.0m