The Finley Hospital

Analysis

The Finley Hospital is a registered charity in United States, based in Dubuque, IA. It received its IRS tax-exemption ruling in April 1945, 81 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, The Finley Hospital reported income of $146.7m and spending of $142.5m, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $126.9m to $146.7m (+16%), an average of +3.7% 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, The Finley 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 100th percentile within IA. Charities of a similar size with the same main cause include Chinese Hospital Association ($146.6m), Piedmont Mountainside Hospital Inc ($146.9m) and McLaren Central Michigan ($146.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.6% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $1.9m (1.4% of expenses). Other salaries and wages came to $60.9m. At year end it held assets of $237.2m against liabilities of $39.9m, net assets of $197.3m. It reported 860 employees.