Legacy Mount Hood Medical Center

Analysis

Legacy Mount Hood Medical Center is a registered charity in United States, based in Gresham, OR. It received its IRS tax-exemption ruling in December 1993, 33 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 Mount Hood Medical Center reported income of $215.5m and spending of $227.3m, spending 105% of what it took in. Across the 5 years on record, from March 2019 to March 2023, income grew from $172.6m to $215.5m (+25%), an average of +5.7% a year. The sharpest change came in the year to March 2022, when income rose by 22%. Over the whole period it spent 98% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Legacy Mount Hood Medical Center sits at the 97th percentile: it is larger than about 97% 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 Ucsf Health Community Hospitals ($215.1m), Upmc ($215.6m) and Mymichigan Health ($214.9m).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 0.1% and program service revenue 100% of the total. Compensation of current officers, directors and key employees was $1.8m (0.8% of expenses). Other salaries and wages came to $88.2m. At year end it held assets of $129.9m against liabilities of $41.9m, net assets of $88.0m.