Legacy Good Samaritan Hospital and Medical Center Payroll Dept

Analysis

Legacy Good Samaritan Hospital and Medical Center Payroll Dept is a registered charity in United States, based in Portland, OR. It received its IRS tax-exemption ruling in April 1970, 56 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 March 2023, Legacy Good Samaritan Hospital and Medical Center Payroll Dept reported income of $470.3m and spending of $480.7m, spending 102% of its income. Across the 5 years on record, from March 2019 to March 2023, income grew from $373.8m to $470.3m (+26%), an average of +5.9% a year. The sharpest change came in the year to March 2022, when income rose by 15%. Over the whole period it spent 95% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Legacy Good Samaritan Hospital and Medical Center Payroll Dept 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 OR. Charities of a similar size with the same main cause include Barbara Ann Karmanos Cancer Hospital ($468.9m), Tift Regional Health System Inc ($470.5m) and Saint Thomas Rutherford Hospital ($468.0m).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 0.5% and program service revenue 100% of the total. Compensation of current officers, directors and key employees was $1.3m (0.3% of expenses). Other salaries and wages came to $177.0m. At year end it held assets of $429.7m against liabilities of $83.2m, net assets of $346.6m.