Wheeling Hospital Inc

Analysis

Wheeling Hospital Inc is a registered charity in United States, based in Wheeling, WV. It received its IRS tax-exemption ruling in March 1946, 80 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, Wheeling Hospital Inc reported income of $524.9m and spending of $521.0m, spending 99% of its income. Across the 6 years on record, from September 2019 to December 2023, income grew from $408.7m to $524.9m (+28%), an average of +5.1% a year. The sharpest change came in the year to December 2022, when income rose by 309%. Over the whole period it spent 102% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Wheeling Hospital Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 100th percentile within WV. Charities of a similar size with the same main cause include Providence Health & Services Mt ($524.6m), Advocate Sherman Hospital ($526.1m) and Edward W Sparrow Hospital Association ($524.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.1% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $4.0m (0.8% of expenses). Other salaries and wages came to $173.4m. At year end it held assets of $273.3m against liabilities of $180.3m, net assets of $93.0m. It reported 3,041 employees.