St Josephs Hospital of Buckhannon Inc

Analysis

St Josephs Hospital of Buckhannon Inc is a registered charity in United States, based in Buckhannon, WV. It received its IRS tax-exemption ruling in September 2015, 11 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, St Josephs Hospital of Buckhannon Inc reported income of $121.7m and spending of $102.2m, spending 84% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $71.6m to $121.7m (+70%), an average of +14% a year. The sharpest change came in the year to December 2022, when income rose by 18%. 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, St Josephs Hospital of Buckhannon Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within WV. Charities of a similar size with the same main cause include Virtua Willingboro Hospital Inc ($121.7m), Upstream USA Inc ($121.7m) and Aspirus Medical Group Inc ($121.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.3% and program service revenue 93% of the total. Compensation of current officers, directors and key employees was $1.8m (1.7% of expenses). Other salaries and wages came to $31.7m. At year end it held assets of $111.2m against liabilities of $30.4m, net assets of $80.8m. It reported 608 employees.