Caldwell County Hospital Inc

Analysis

Caldwell County Hospital Inc is a registered charity in United States, based in Princeton, KY. It received its IRS tax-exemption ruling in November 1952, 74 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, Caldwell County Hospital Inc reported income of $28.8m and spending of $29.4m, spending 102% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $17.8m to $28.8m (+62%), an average of +13% a year. The sharpest change came in the year to June 2021, when income rose by 39%. Over the whole period it spent 98% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Caldwell County Hospital Inc sits at the 91st percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 97th percentile within KY. Charities of a similar size with the same main cause include Alliance for South Sound Health ($28.8m), Fort Bend Family Health Center Inc ($28.8m) and Washtenaw Pace Inc ($28.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.1% and program service revenue 88% of the total. Other salaries and wages came to $10.5m. At year end it held assets of $32.9m against liabilities of $29.7m, net assets of $3.2m. It reported 310 employees.