Huntsville Community Hospital Inc

Analysis

Huntsville Community Hospital Inc is a registered charity in United States, based in Huntsville, TX. It received its IRS tax-exemption ruling in April 2020, 6 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, Huntsville Community Hospital Inc reported income of $85.8m and spending of $90.2m, spending 105% of what it took in. Across the 4 years on record, from June 2020 to June 2023, income grew from $30.5m to $85.8m (+181%), an average of +41% a year. The sharpest change came in the year to June 2021, when income rose by 160%. Over the whole period it spent 99% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Huntsville Community Hospital Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within TX. Charities of a similar size with the same main cause include Philhaven ($85.7m), Deaconess Regional Healthcare Services Illinois Inc ($85.8m) and Swope Health Services ($85.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.6% and program service revenue 95% of the total. Other salaries and wages came to $35.1m. At year end it held assets of $30.4m against liabilities of $13.6m, net assets of $16.9m. It reported 690 employees.