Gottlieb Memorial Hospital

Analysis

Gottlieb Memorial Hospital is a registered charity in United States, based in Melrose Park, IL. It received its IRS tax-exemption ruling in July 1963, 63 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, Gottlieb Memorial Hospital reported income of $151.3m and spending of $151.2m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $137.8m to $151.3m (+9.8%), an average of +2.4% a year. Over the whole period it spent 97% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Gottlieb Memorial Hospital 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 IL. Charities of a similar size with the same main cause include St Josephs Medical PC ($151.0m), Kuakini Medical Center ($151.3m) and Fort Healthcare Inc ($150.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 1.8% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $1.0m (0.7% of expenses). Other salaries and wages came to $54.7m. At year end it held assets of $404.8m against liabilities of $293.9m, net assets of $110.9m.