Smyth County Community Hospital

Analysis

Smyth County Community Hospital is a registered charity in United States, based in Johnson City, TN. It received its IRS tax-exemption ruling in June 1965, 61 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, Smyth County Community Hospital reported income of $46.3m and spending of $47.5m, spending 103% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $53.1m to $46.3m (-13%), an average of -3.3% a year. The sharpest change came in the year to June 2023, when income dropped by 16%. Over the whole period it spent 92% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Smyth County Community Hospital sits at the 93rd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within TN. Charities of a similar size with the same main cause include Madera Community Hospital ($46.3m), Crisp Shared Services Inc ($46.4m) and Huntington Medical Foundation ($46.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.3% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $635k (1.3% of expenses). Other salaries and wages came to $14.9m. At year end it held assets of $58.6m against liabilities of $20.2m, net assets of $38.4m. It reported 2 employees.