E — Health CareEIN: 550404900

Herbert J Thomas Memorial Hospital Association

S Charleston, West Virginia

A-Health Score
76A-

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Very Good

How This Organization Compares

Compared to 1225 peers in Health Care with $100M-$1B revenue

Working Capital Ratio (net assets ÷ expenses)

This Org1.62×
Peer Median0.50×
💰
$284.3M
Total Revenue
📊
$200.6M
Total Expenses
🏦
$324.2M
Net Assets
📋
$23.3M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+24.1%
Year-over-year change (2022 → 2023)
Net Margin
+29.4%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.62
Net assets divided by total expenses
Liabilities-to-Assets
6.7%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$284,290,515↑24%$200,639,180↑21%$347,432,889↑44%
2022$229,054,272↑7%$165,971,862↑15%$241,119,649↑34%
2021$213,311,494↓11%$144,229,149↑8%$179,578,357↑39%
2020$238,545,725↑20%$133,712,733↓30%$129,118,182↓11%
2019$199,585,800↑4%$192,237,043↑2%$144,733,514↓24%
2018$191,540,170↓1%$188,437,855↓4%$189,958,295↓3%
2017$192,610,457↑2%$196,591,302↑6%$196,441,960↓1%
2016$187,990,383↑2%$184,900,864↓3%$198,530,395↓1%
2015$184,017,717↑3%$190,031,825↑4%$200,505,634↓5%
2014$178,245,110↑2%$181,975,620↓1%$210,681,747↓3%
2013$174,219,835↑2%$183,296,841↑3%$216,987,149↓1%
2012$170,839,636↑7%$177,305,522↑6%$220,262,039↓1%
2011$159,345,800$167,488,397$222,186,958

Frequently Asked Questions

What does Herbert J Thomas Memorial Hospital Association do?▼

Herbert J Thomas Memorial Hospital Association is a health care nonprofit organization based in West Virginia. It is classified under NTEE code E22Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Herbert J Thomas Memorial Hospital Association financially healthy?▼

Based on our 9-metric Financial Health Score model, Herbert J Thomas Memorial Hospital Association has a score of 76/100 (Grade: A-). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Herbert J Thomas Memorial Hospital Association generate?▼

Herbert J Thomas Memorial Hospital Association reports $425.8M in annual revenue and holds $329.2M in total assets, based on IRS filings.

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