Samaritan North Lincoln Hospital

Analysis

Samaritan North Lincoln Hospital is a registered charity in United States, based in Corvallis, OR. It received its IRS tax-exemption ruling in April 2001, 25 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, Samaritan North Lincoln Hospital reported income of $94.6m and spending of $91.5m, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $69.4m to $94.6m (+36%), an average of +8.1% a year. Over the whole period it spent 96% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Samaritan North Lincoln Hospital 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 OR. Charities of a similar size with the same main cause include The New London Hospital Association Inc ($94.5m), Core Physicians LLC ($94.9m) and Munson Healthcare Grayling ($94.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.7% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $554k (0.6% of expenses). Other salaries and wages came to $34.5m. At year end it held assets of $71.0m against liabilities of $28.2m, net assets of $42.8m. It reported 446 employees.