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nonprofit · EIN 61-0444716 · KY

How much does ASHLAND HOSPITAL CORPORATION raise and spend?

ASHLAND HOSPITAL CORPORATION (KY, EIN 61-0444716) reported $762.4M in revenue and $566.5M in expenses for tax year 2023, with $777.0M in net assets (16.5 months of reserves). By expenses that ranks 942 of 539,974 e-filers, 570 of 20,245 in NTEE E: Health Care, 14 of 5,915 nonprofits in kentucky.

REVENUE: $762.4MEXPENSES: $566.5MRESERVES: 16.5 months6 filings

Cite: FACTANKER, https://factanker.com/nonprofit/610444716-ashland-hospital-corporation

What stands out

ASHLAND HOSPITAL CORPORATION (KY, EIN 61-0444716) reported $762.4M in revenue and $566.5M in expenses for tax year 2023, with $777.0M in net assets (16.5 months of reserves). By expenses that ranks 942 of 539,974 e-filers, 570 of 20,245 in NTEE E: Health Care, 14 of 5,915 nonprofits in kentucky. Against NTEE E: Health Care: months of reserves 16.5 months, above the peer median of 10.2 months; officer compensation share of expenses 1.0%, below the peer median of 3.5%; contributions share of revenue 0.4%, below the peer median of 38.7%; surplus margin 25.7%, above the peer median of 2.9%.

Key figures, tax year 2023

As filed on Form 990; ratios computed by FACTANKER. Peer medians are percentile_cont over the group in the same year. Every filed line links to its record on the entity page.

Measure2023Median, activityMedian, sizeMedian, all
Total revenue$762.4M$887.4k$236.7M$194.7k
Total expenses$566.5M$792.8k$231.0M$178.5k
Total assets$1.2B$2.9M$318.0M$775.3k
Net assets$777.0M$1.6M$158.3M$622.5k
Officer compensation (total per organisation)$5.6M$271.5k$2.4M$113.0k
Program service revenue share97.6%40.3%93.3%13.8%
Contributions share of revenue0.4%38.7%1.2%57.5%
Officer compensation share of expenses1.0%3.5%0.8%6.5%
Months of reserves16.5 months10.2 months7.4 months12.6 months
Surplus margin25.7%2.9%1.1%3.9%

Year by year

6 filings on record.

Tax yearRevenueExpensesNet assetsReservesOfficer comp.Rank
2023$762.4M$566.5M$777.0M16.5 months$5.6M942
2022$854.1M$691.5M$461.9M8.0 months$4.7M728
2021$734.8M$597.8M$365.4M7.3 months$5.0M453
2020$493.9M$463.2M$405.0M10.5 months$2.7M929
2019$449.3M$428.5M$373.1M10.4 months$2.5M970
2018$434.5M$418.1M$365.5M10.5 months$2.3M924

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