Chester River Hospital Center

Analysis

Chester River Hospital Center is a registered charity in United States, based in Linthicum Heights, MD. It received its IRS tax-exemption ruling in May 1956, 70 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, Chester River Hospital Center reported income of $49.9m and spending of $43.8m, spending 88% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $46.5m to $49.9m (+7.3%), an average of +1.8% a year. The sharpest change came in the year to June 2022, when income rose by 29%. Over the whole period it spent 101% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Chester River Hospital Center sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 98th percentile within MD. Charities of a similar size with the same main cause include Southwest Colorado Mental Health Center Inc ($49.9m), Northern Kentucky Mental Health Mental Retardation Regional Board ($50.0m) and Momentum Agencies ($49.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.8% and program service revenue 97% of the total. Other salaries and wages came to $11.1m. At year end it held assets of $78.8m against liabilities of $13.8m, net assets of $65.0m. It reported 211 employees.