Bath County Community Hospital

Analysis

Bath County Community Hospital is a registered charity in United States, based in Hot Springs, VA. It received its IRS tax-exemption ruling in December 1950, 76 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, Bath County Community Hospital reported income of $31.2m and spending of $28.5m, spending 91% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $30.1m to $31.2m (+3.4%), an average of +0.8% a year. The sharpest change came in the year to December 2021, when income rose by 54%. Over the whole period it spent 85% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Bath County Community Hospital sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within VA. Charities of a similar size with the same main cause include The Howard Young Medical Center Inc ($31.1m), Visiting Nurse Association of Texas ($31.2m) and Providence Portland Medical Foundation ($31.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 29% and program service revenue 68% of the total. Compensation of current officers, directors and key employees was $1.1m (3.8% of expenses). Other salaries and wages came to $11.3m. At year end it held assets of $35.5m against liabilities of $3.7m, net assets of $31.8m. It reported 231 employees.