Our Community Hospital Inc

Analysis

Our Community Hospital Inc is a registered charity in United States, based in Scotland Neck, NC. It received its IRS tax-exemption ruling in March 1956, 70 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Our Community Hospital Inc reported income of $5.2m and spending of $5.2m, spending 99% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $4.1m to $5.2m (+29%), an average of +6.6% a year. The sharpest change came in the year to September 2021, when income rose by 38%. Over the whole period it spent 89% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Our Community Hospital Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 93rd percentile within NC. Charities of a similar size with the same main cause include Jobone ($5.2m), Special Olympics South Carolina ($5.2m) and The Enola Group Inc ($5.2m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 1.1% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $353k (6.8% of expenses). Other salaries and wages came to $2.5m. At year end it held assets of $4.8m against liabilities of $1.4m, net assets of $3.4m. It reported 100 employees.