Z — UnclassifiedEIN: 550484469

Hospital Development Co

Spencer, West Virginia

BHealth Score
59B

Financial Health Score

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

Above Average

How This Organization Compares

Compared to 111 peers in Unclassified with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org0.26×
Peer Median5.86×
💰
$62.5M
Total Revenue
📊
$62.5M
Total Expenses
🏦
$16.5M
Net Assets
📋
$33.5M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+10.4%
Year-over-year change (2022 → 2023)
Net Margin
-0.0%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.26
Net assets divided by total expenses
Liabilities-to-Assets
67.0%
Total liabilities as % of total assets

Filing History

14 filings on record
YearRevenueExpensesAssets
2023$62,515,507↑10%$62,525,549↑7%$50,041,902↑2%
2022$56,627,091↑9%$58,246,041↑18%$49,105,663↓7%
2021$52,048,469↑13%$49,312,721↑10%$52,869,915↓4%
2020$46,111,124↑5%$44,828,787↑7%$55,344,941↑108%
2019$43,726,463↑33246%$41,946,216↑611807%$26,653,205↑3762%
2019$131,130↓100%$6,855↓100%$690,069↓97%
2018$41,232,928↑5%$39,212,755↑5%$25,182,757↑4%
2017$39,228,828↑18%$37,327,603↑15%$24,207,131↑21%
2016$33,383,097↑21%$32,582,591↑15%$20,056,858↑11%
2015$27,602,139↓6%$28,389,840↓1%$17,997,633↑5%
2014$29,302,400↑7%$28,690,894↑7%$17,075,008↓2%
2013$27,331,150↑3%$26,820,897↑3%$17,398,082↑11%
2012$26,588,719↑6%$26,106,542↑5%$15,658,762
2011$25,059,957$24,770,016$15,618,955

Frequently Asked Questions

What does Hospital Development Co do?▼

Hospital Development Co is a unclassified nonprofit organization based in West Virginia. It is classified under NTEE code Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Hospital Development Co financially healthy?▼

Based on our 9-metric Financial Health Score model, Hospital Development Co has a score of 59/100 (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 Hospital Development Co generate?▼

Hospital Development Co reports $66.9M in annual revenue and holds $51.9M in total assets, based on IRS filings.

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