Christian Unity Hospital Corporation

Analysis

Christian Unity Hospital Corporation is a registered charity in United States, based in Grafton, ND. It received its IRS tax-exemption ruling in March 1971, 55 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, Christian Unity Hospital Corporation reported income of $28.5m and spending of $26.3m, spending 92% of its income. Across the 3 years on record, from June 2021 to June 2023, income grew from $23.2m to $28.5m (+23%), an average of +11% a year. Over the whole period it spent 89% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Christian Unity Hospital Corporation sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 99th percentile within ND. Charities of a similar size with the same main cause include Carle Eureka Hospital ($28.5m), Avera Holy Family ($28.5m) and Progress Foundation ($28.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 4.9% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $1.3m (4.9% of expenses). Other salaries and wages came to $10.9m. At year end it held assets of $39.3m against liabilities of $23.8m, net assets of $15.5m. It reported 190 employees.