Roper Hospital Inc

Analysis

Roper Hospital Inc is a registered charity in United States, based in Charleston, SC. It received its IRS tax-exemption ruling in December 1955, 71 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, Roper Hospital Inc reported income of $457.1m and spending of $423.9m, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $401.8m to $457.1m (+14%), an average of +3.3% a year. Over the whole period it spent 91% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Roper Hospital Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 100th percentile within SC. Charities of a similar size with the same main cause include Providence Saint Johns Health Center ($456.9m), Riverside Medical Center ($457.5m) and Henry Ford Health Macomb Oakland Hospital ($456.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.6% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $268k (0.1% of expenses). Other salaries and wages came to $130.8m. At year end it held assets of $322.1m against liabilities of $38.5m, net assets of $283.6m. It reported 2,584 employees.