Hospital Development Co
Spencer, West Virginia
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)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
14 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 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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