Hospital Industry Data Institute

Analysis

Hospital Industry Data Institute is a registered charity in United States, based in Jefferson Cty, MO. It received its IRS tax-exemption ruling in August 1985, 41 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Hospital Industry Data Institute reported income of $9.2m and spending of $9.1m, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $8.5m to $9.2m (+9.0%), an average of +2.2% a year. The sharpest change came in the year to December 2021, when income rose by 37%. Over the whole period it spent 90% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Hospital Industry Data Institute 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 95th percentile, and in the 93rd percentile within MO. Charities of a similar size with the same main cause include Christian Heritage Academy ($9.2m), New York Academy of Art ($9.2m) and Training and Evaluation Center of Hutchinson Inc ($9.2m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 96% of the total. Compensation of current officers, directors and key employees was $911k (10% of expenses). Other salaries and wages came to $2.9m. At year end it held assets of $14.1m against liabilities of $2.0m, net assets of $12.1m. It reported 35 employees.