EHealth CareEIN: 550477361

Boone Memorial Hospital INC

Madison, West Virginia

B+Health Score
66B+

Financial Health Score

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

Good

How This Organization Compares

Compared to 39 peers in Health Care with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org0.31×
Peer Median8.62×
💰
$72.2M
Total Revenue
📊
$70.3M
Total Expenses
🏦
$21.5M
Net Assets
📋
$50.5M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+7.1%
Year-over-year change (2022 → 2023)
Net Margin
+2.5%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.31
Net assets divided by total expenses
Liabilities-to-Assets
70.1%
Total liabilities as % of total assets

Filing History

11 filings on record
YearRevenueExpensesAssets
2023$72,177,4507%$70,345,8258%$72,082,4287%
2022$67,370,69716%$65,156,14820%$67,379,0462%
2021$58,312,21917%$54,144,35715%$68,497,76012%
2020$49,892,55913%$47,267,04114%$61,065,63219%
2019$44,142,07524%$41,554,77311%$51,231,8885%
2018$35,550,5444%$37,384,25810%$48,761,8153%
2017$34,129,71019%$34,098,62325%$50,167,7413%
2016$28,624,5671%$27,279,5631%$48,592,18181%
2015$28,439,5072%$26,889,8057%$26,881,258142%
2014$29,062,91012%$28,826,62110%$11,100,0762%
2013$26,064,837$26,197,238$10,933,595

Frequently Asked Questions

What does Boone Memorial Hospital INC do?

Boone Memorial Hospital INC is a health care nonprofit organization based in West Virginia. It is classified under NTEE code E22 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Boone Memorial Hospital INC financially healthy?

Based on our 9-metric Financial Health Score model, Boone Memorial Hospital INC has a score of 66/100 (Grade: B+). 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 Boone Memorial Hospital INC generate?

Boone Memorial Hospital INC reports $87.8M in annual revenue and holds $84.0M in total assets, based on IRS filings.

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