Bronson Methodist Hospital

Analysis

Bronson Methodist Hospital is a registered charity in United States, based in Kalamazoo, MI. It received its IRS tax-exemption ruling in April 1949, 77 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, Bronson Methodist Hospital reported income of $1.31bn and spending of $1.23bn, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $952.8m to $1.31bn (+37%), an average of +8.2% a year. The sharpest change came in the year to December 2021, when income rose by 26%. Over the whole period it spent 94% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Bronson Methodist Hospital 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 MI. Charities of a similar size with the same main cause include Beth Israel Medical Center ($1.31bn), Deaconess Hospital Inc ($1.31bn) and Christ Hospital ($1.30bn).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.3% and program service revenue 97% of the total. Other salaries and wages came to $562.7m. At year end it held assets of $1.46bn against liabilities of $420.6m, net assets of $1.04bn. It reported 6,081 employees.