E — Health CareEIN: 560543246

Fletcher Hospital INC

Hendersonvlle, North Carolina

B+Health Score
72B+

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

Working Capital Ratio (net assets ÷ expenses)

This Org0.83×
Peer Median0.50×
💰
$289.7M
Total Revenue
📊
$266.0M
Total Expenses
🏦
$220.2M
Net Assets
📋
$61.7M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+21.8%
Year-over-year change (2022 → 2023)
Net Margin
+8.2%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.83
Net assets divided by total expenses
Liabilities-to-Assets
21.9%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$289,729,001↑22%$265,953,729↑12%$281,913,818↑12%
2022$237,882,965↓10%$237,005,287↓2%$251,870,727↓19%
2021$263,584,919↑10%$242,095,833↑15%$309,247,463↑7%
2020$238,689,375↑7%$209,675,414↑7%$288,014,341↑22%
2019$222,805,056↑13%$195,371,718↑8%$235,768,500↑27%
2018$196,768,066↑9%$181,444,738↑9%$185,551,560↑5%
2017$180,899,382↑12%$165,783,149↑7%$176,611,510↑14%
2016$161,843,504↓4%$154,524,197↓2%$154,707,799↑15%
2015$168,131,872↑3%$157,381,005↑5%$135,052,622↑1%
2014$163,041,948↑12%$149,504,311↑7%$133,400,747↑12%
2013$146,015,049↑13%$139,195,068↑13%$118,990,098↑4%
2012$128,993,414↑8%$122,674,767↑4%$113,981,584↑7%
2011$119,666,844$117,767,778$107,003,992

Frequently Asked Questions

What does Fletcher Hospital INC do?▼

Fletcher Hospital INC is a health care nonprofit organization based in North Carolina. It is classified under NTEE code E220 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Fletcher Hospital INC financially healthy?▼

Based on our 9-metric Financial Health Score model, Fletcher Hospital INC has a score of 72/100 (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 Fletcher Hospital INC generate?▼

Fletcher Hospital INC reports $332.2M in annual revenue and holds $330.7M in total assets, based on IRS filings.

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