Health Care
(E220)
990 on File
WAYNE COUNTY HOSPITAL INC
Financial strength (30%)
91/100
Reliability (20%)
55/100
Effectiveness (25%)
85/100
Impact (25%)
No data yet
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CharityAI™ Score
Not yet evaluated
Financial Overview — FY 2024
$25.0M
Total Revenue
$22.8M
Total Expenses
$9.7M
Net Assets
278
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio
78.8%
Fundraising Efficiency
0.0%
Operating Reserve
5.11x
Liability-to-Asset
35.4%
Revenue Diversification
99.5%
Executive Compensation
$497K
Compared with Peers
FY 2024
Compared with 2,013 similar organizations
(United States, Health Care, $10M–$100M in expenses), FY 2024.
This organization
Middle half of peers (P25–P75)
Peer median
| Ratio | This org | Peer median | Position (P10 → P90) | |
|---|---|---|---|---|
|
Program expense ratio
Program expenses / total expenses
· higher is better
|
78.8% | 84.6% |
P10P90
|
Below median |
|
Admin expense ratio
Management and general / total expenses
· lower is better
|
21.2% | 14.6% |
P10P90
|
Bottom quarter |
|
Fundraising expense ratio
Fundraising expenses / total expenses
· lower is better
|
0.0% | 0.0% |
P10P90
|
Top quarter |
|
Fundraising efficiency
Fundraising expenses / gross fundraising income
· lower is better
|
0.0% | 270.7% |
P10P90
|
Top quarter |
|
Operating reserve
Months of expenses covered by net assets
· higher is better
|
5.1 mo | 6.8 mo |
P10P90
|
Below median |
|
Liabilities to assets
Total liabilities / total assets
· lower is better
|
35.4% | 35.3% |
P10P90
|
Below median |
|
Revenue concentration
Share of revenue from the largest source
· lower is better
|
99.5% | 92.5% |
P10P90
|
Bottom quarter |
|
Revenue growth
Year over year revenue growth
|
18.7% | 7.3% |
P10P90
|
|
|
Expense growth
Year over year expense growth
|
6.0% | 7.7% |
P10P90
|
|
|
Surplus margin
Surplus as a share of revenue
|
8.7% | 1.0% |
P10P90
|
Financial History
| Year | Revenue | Expenses | Net Assets | Program % | Staff |
|---|---|---|---|---|---|
| 2024 | $25.0M | $22.8M | $9.7M | 78.8% | 278 |
| 2023 | $21.1M | $21.6M | $7.5M | 76.8% | 265 |
| 2022 | $21.5M | $21.1M | $8.0M | 77.5% | 258 |
| 2021 | $20.2M | $19.1M | N/A | — | 242 |
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