Good Samaritan Hospital Corvallis

Analysis

Good Samaritan Hospital Corvallis is a registered charity in United States, based in Corvallis, OR. It received its IRS tax-exemption ruling in July 1972, 54 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, Good Samaritan Hospital Corvallis reported income of $585.1m and spending of $603.4m, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $456.6m to $585.1m (+28%), an average of +6.4% 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, Good Samaritan Hospital Corvallis sits at the 99th percentile: it is larger than about 99% 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 Saint Peters University Hospital ($584.6m), Garnet Health Medical Center ($586.2m) and Mobile Infirmary Association ($582.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.3% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $1.1m (0.2% of expenses). Other salaries and wages came to $218.5m. At year end it held assets of $213.1m against liabilities of $183.6m, net assets of $29.5m. It reported 2,723 employees.