Cabell Huntington Hospital Inc
Analysis
Cabell Huntington Hospital Inc is a registered charity in United States, based in Huntington, WV. It received its IRS tax-exemption ruling in January 1988, 38 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 September 2023, Cabell Huntington Hospital Inc reported income of $821.6m and spending of $800.1m, spending 97% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $690.5m to $821.6m (+19%), an average of +4.4% a year. Over the whole period it spent 97% of the income it received.
Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Cabell Huntington Hospital Inc sits at the 99th percentile: it is one of the largest 1% in its cause. 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 Valley Childrens Hospital ($821.6m), Owensboro Health Regional Hospital ($822.4m) and Arkansas Childrens Hospital ($818.2m).
On its Form 990 for the period ending September 2023, revenue came from contributions and grants 0.7% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $3.2m (0.4% of expenses). Other salaries and wages came to $198.1m. At year end it held assets of $965.2m against liabilities of $460.5m, net assets of $504.6m. It reported 3,495 employees.
Income and spending
Where the income comes from
- Contributions & grants 0.7%
- Program services 98%
- Other 1.2%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Valley Childrens Hospital | Madera | $821.6m |
| Owensboro Health Regional Hospital | Owensboro | $822.4m |
| Arkansas Childrens Hospital | Little Rock | $818.2m |
| Virginia Hospital Center Arlington Health System | Arlington | $824.9m |