Jefferson Hospital Assn Inc

Analysis

Jefferson Hospital Assn Inc is a registered charity in United States, based in Pine Bluff, AR. It received its IRS tax-exemption ruling in October 1962, 64 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, Jefferson Hospital Assn Inc reported income of $234.6m and spending of $244.0m, spending 104% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $194.4m to $234.6m (+21%), an average of +4.8% a year. Over the whole period it spent 101% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Jefferson Hospital Assn 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 100th percentile, and in the 100th percentile within AR. Charities of a similar size with the same main cause include Childrens Hospital ($234.3m), Versiti Blood Health Inc ($235.2m) and Northeast Behavioral Health Care Consortium ($233.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.6% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $4.7m (1.9% of expenses). Other salaries and wages came to $94.7m. At year end it held assets of $256.4m against liabilities of $66.1m, net assets of $190.3m. It reported 2,069 employees.