Adams County Regional Medical Center

Analysis

Adams County Regional Medical Center is a registered charity in United States, based in Seaman, OH. It received its IRS tax-exemption ruling in August 2016, 10 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, Adams County Regional Medical Center reported income of $43.8m and spending of $43.8m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $8.5m to $43.8m (+414%), an average of +51% a year. The sharpest change came in the year to December 2020, when income rose by 353%. Over the whole period it spent 94% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Adams County Regional Medical Center sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within OH. Charities of a similar size with the same main cause include Planned Parenthood of Southern New England Inc ($43.8m), The Wright Center for Graduate Medical Education ($43.8m) and Coffeyville Regional Medical Center Inc ($43.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.7% and program service revenue 93% of the total. Compensation of current officers, directors and key employees was $246k (0.6% of expenses). Other salaries and wages came to $15.9m. At year end it held assets of $47.2m against liabilities of $28.8m, net assets of $18.4m. It reported 413 employees.