Community Hospital Inc

Analysis

Community Hospital Inc is a registered charity in United States, based in Tallassee, AL. It received its IRS tax-exemption ruling in August 1956, 70 years ago. 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, Community Hospital Inc reported income of $17.4m and spending of $20.3m, spending 117% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $19.9m to $17.4m (-13%), an average of -3.3% a year. The sharpest change came in the year to September 2021, when income rose by 30%. Over the whole period it spent 104% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Community Hospital Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 98th percentile within AL. Charities of a similar size with the same main cause include Northwest Christian School ($17.4m), Soldier on Inc ($17.4m) and Delta Health Center Inc ($17.4m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 3.6% and program service revenue 93% of the total. Compensation of current officers, directors and key employees was $352k (1.7% of expenses). Other salaries and wages came to $10.2m. At year end it held assets of $5.2m against liabilities of $9.2m, net assets of -$4.0m. It reported 305 employees.