Deaconess Union County Hospital Inc

Analysis

Deaconess Union County Hospital Inc is a registered charity in United States, based in Morganfield, KY. It received its IRS tax-exemption ruling in November 2023, 3 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 September 2023, Deaconess Union County Hospital Inc reported income of $29.2m and spending of $22.9m, leaving 22% of income unspent that year. Across the 2 years on record, from September 2022 to September 2023, income grew from $27.4m to $29.2m (+6.6%), an average of +6.6% a year. Over the whole period it spent 86% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Deaconess Union County Hospital Inc sits at the 91st percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 97th percentile within KY. Charities of a similar size with the same main cause include Southeast Alabama Rural Health Associates ($29.2m), Upstate Community Medical P C ($29.2m) and Community Health Centers of Southeastern Iowa Inc ($29.2m).

On its Form 990 for the period ending September 2023, revenue came from program service revenue 99% of the total. Compensation of current officers, directors and key employees was $347k (1.5% of expenses). Other salaries and wages came to $7.2m. At year end it held assets of $34.3m against liabilities of $18.7m, net assets of $15.6m. It reported 158 employees.