Jackson Hospital & Clinic Inc

Analysis

Jackson Hospital & Clinic Inc is a registered charity in United States, based in Montgomery, AL. It received its IRS tax-exemption ruling in January 1951, 75 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 2022, Jackson Hospital & Clinic Inc reported income of $332.9m and spending of $341.3m, spending 103% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $274.0m to $332.9m (+22%), an average of +6.7% a year. Over the whole period it spent 100% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Jackson Hospital & Clinic 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 AL. Charities of a similar size with the same main cause include Gulf Health Hospitals Inc ($332.7m), Kapiolani Medical Specialists ($333.1m) and Cleveland Clinic Mercy Hospital ($331.1m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 0.0% and program service revenue 98% of the total. Other salaries and wages came to $142.4m. At year end it held assets of $245.6m against liabilities of $157.1m, net assets of $88.6m. It reported 2,802 employees.