Montgomery General Hospital Inc

Analysis

Montgomery General Hospital Inc is a registered charity in United States, based in Montgomery, WV. It received its IRS tax-exemption ruling in October 1953, 73 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, Montgomery General Hospital Inc reported income of $32.3m and spending of $36.4m, spending 113% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $25.1m to $32.3m (+28%), an average of +6.5% a year. The sharpest change came in the year to December 2021, when income rose by 28%. Over the whole period it spent 100% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Montgomery General Hospital Inc 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 WV. Charities of a similar size with the same main cause include Abbe Center for Community Mental Health Inc ($32.3m), Ladacin Network Inc ($32.3m) and Mercy Hospital Aurora ($32.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.4% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $334k (0.9% of expenses). Other salaries and wages came to $15.1m. At year end it held assets of $10.7m against liabilities of $8.7m, net assets of $2.0m. It reported 118 employees.