Grafton City Hospital Inc

Analysis

Grafton City Hospital Inc is a registered charity in United States, based in Grafton, WV. It received its IRS tax-exemption ruling in September 1982, 44 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 June 2023, Grafton City Hospital Inc reported income of $17.2m and spending of $18.9m, spending 110% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $17.5m to $17.2m (-1.5%), an average of -0.4% a year. The sharpest change came in the year to June 2021, when income rose by 26%. Over the whole period it spent 101% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Grafton City Hospital Inc sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 96th percentile within WV. Charities of a similar size with the same main cause include Motivational Services Inc ($17.2m), Carol Milgard Breast Center ($17.2m) and Coastal Bend Wellness Foundation Inc ($17.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.0% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $372k (2.0% of expenses). Other salaries and wages came to $8.8m. At year end it held assets of $7.9m against liabilities of $11.0m, net assets of -$3.1m. It reported 213 employees.