Broaddus Hospital Association Inc

Analysis

Broaddus Hospital Association Inc is a registered charity in United States, based in Philippi, WV. It received its IRS tax-exemption ruling in February 1956, 70 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, Broaddus Hospital Association Inc reported income of $22.2m and spending of $22.8m, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $19.4m to $22.2m (+14%), an average of +3.4% a year. The sharpest change came in the year to December 2021, when income rose by 21%. Over the whole period it spent 95% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Broaddus Hospital Association Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within WV. Charities of a similar size with the same main cause include Appalachian Regional Medicalassociates Inc ($22.1m), Planned Parenthood of Greater Ohio ($22.2m) and Social Model Recovery Systems Inc ($22.1m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 98% of the total. Other salaries and wages came to $10.7m. At year end it held assets of $14.5m against liabilities of $5.3m, net assets of $9.3m. It reported 269 employees.