Bethesda Hospital Inc
85% goes to programs $0 to raise $100 Strong reserves
Bethesda Hospital Inc is a 501(c)(3) organization based in Cincinnati, Ohio, registered in 1954, with $917,339,159 in FY2023 revenue. CharityIndex grades it A, and it directs about 85% of spending to programs.
625 Eden Park Dr 7th Floor, Cincinnati, OH, 45202 EIN 31-0537122 Since 1954
Revenue (FY2023)
$917.3M
▲ 2.3% vs prior year
Health median: $840K
Expenses (FY2023)
$851.8M
Net assets
$656.7M
Employees
3,650
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
AProgram efficiency40% of the rating85% to programs · $0 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Bethesda Hospital Inc: 85% to programs · $0 to raise $100 earns a A on this criterion. See the exact thresholds →
AFinancial health25% of the rating9 mo reserves · +7% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Bethesda Hospital Inc: 9 mo reserves · +7% margin earns a A on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Bethesda Hospital Inc: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
ATransparency10% of the rating4 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Bethesda Hospital Inc: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
To improve the health status of the people we serve.
Contact & location
- Address
- 625 Eden Park Dr 7th Floor, Cincinnati, OH, 45202
- City
- Cincinnati
- State
- Ohio
- Category
- Health Care
- Subcategory
- Hospitals
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $552.3M (FY2013) to $917.3M (FY2023) across 11 reported years.
Financial snapshot
Financial health & position (FY2023)
Liabilities $689.6MNet assets $656.7M
Operating margin
7.1%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$1.3B
Total liabilities
$689.6M
Net assets
$656.7M
Salaries & benefits
$362.3M
43% of expenses
Board members
13
10 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2023 | $917,339,159▲2.3% | $851,829,722▲9.5% | $656,670,597▲7.8% | $1,346,275,157▲3.3% | 990 |
| 2022 | $896,505,481▲7.4% | $777,995,761▲6.3% | $609,157,176▲2.9% | $1,303,230,765▲2.1% | 990 |
| 2021 | $835,062,057▼2.1% | $732,035,306▲5.5% | $592,099,659▼3.0% | $1,276,495,484▼4.7% | 990 |
| 2020 | $853,365,646▲24.3% | $693,920,683▲7.3% | $610,372,138▲13.6% | $1,339,963,974▲9.9% | 990 |
| 2019 | $686,286,971▲5.9% | $646,600,390▲17.5% | $537,322,326▼5.9% | $1,219,368,332▲13.3% | 990 |
| 2018 | $647,863,670▼2.3% | $550,510,785▼2.7% | $571,280,253▲1.2% | $1,076,223,195▼1.7% | 990 |
| 2017 | $663,020,264▲9.3% | $565,977,730▲7.7% | $564,253,654▲11.0% | $1,094,709,368▼4.6% | 990 |
| 2016 | $606,533,188▲6.1% | $525,732,926▲4.9% | $508,550,812▲11.0% | $1,147,727,202▲40.4% | 990 |
| 2015 | $571,829,375▲3.6% | $500,948,605▲4.3% | $458,232,460▼1.8% | $817,420,215▲3.8% | 990 |
| 2014 | $551,900,100▼0.1% | $480,306,635▲0.8% | $466,720,133▼0.4% | $787,462,268▼0.7% | 990 |
| 2013 | $552,275,151 | $476,272,222▲2.3% | $468,619,639▲11.9% | $792,794,824▲6.4% | 990 |
| 2012 | — | $465,477,895▼6.0% | $418,935,573▲19.6% | $745,236,425▲3.9% | 990 |
| 2011 | — | $495,048,533▲4.7% | $350,149,386▼5.1% | $717,410,479▲1.6% | 990 |
| 2010 | — | $472,807,851▲2.7% | $368,799,250▲29.8% | $705,816,400▲5.0% | 990 |
| 2009 | — | $460,247,326 | $284,055,772 | $672,248,069 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2023)
Highest-paid: Scott Woods Md — $348,142 (0.04% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Scott Woods Md | Physician | 60 | $348,142 |
| Michael Webb Md | Physician | 60 | $307,153 |
| Lorraine Stephens Md | Med Staff Pres (end 12/23) | 60 | $292,686 |
| Richard Okragly Md | Physician | 60 | $273,218 |
| Johnathan Sorscher Md | Physician | 60 | $259,686 |
| Robert Kunkel Md | Physician | 60 | $246,675 |
| Ken Patton Do | Med Staff Pres (start 1/24) | 1 | $15,400 |
| Andrew Devoe | Asst Treasurer (end 2/24) | 25 | — |
| Cynthia Booth | Trustee | 1 | — |
| Helen Koselka Md | Chief Medical Officer | 25 | — |
| Jamie Easterling | Former Key Employee | 0 | — |
| Jenny Skinner | Chief Nursing Exec (end 6/24) | 25 | — |
| Jeremiah Kirkland | Pres. & Coo-butler | 30 | — |
| Jerri Irby | Chief Hr Officer (end 10/23) | 25 | — |
| John Hutson Md | Pres. & Coo-bethesda | 60 | — |
| John Ward | Svp-bethesda Region | 55 | — |
| Kasey Rohling Md | Med Staff Pres (start 1/24) | 1 | — |
| Kathy Kelly | Chair | 1 | — |
| Kristin Coppage Md | Med Staff Pres (end 12/23) | 1 | — |
| Mark Clement | President/ceo | 25 | — |
Top vendors & contractors (FY2023)
| Contractor | Services | Paid |
|---|---|---|
| Preferred Lab Partners LLC | Laboratory | $18,125,318 |
| Commonspirit Health | Clinical Maintenance | $8,598,661 |
| Seven Hills Anesthesia | Anesthesia | $6,674,572 |
| American Nursing Care | Staffing | $6,076,343 |
| Beacon Orthopedics & Sports Medicine | Rehabilitation | $2,010,213 |
Grants received · $11K total
1 grant to Bethesda Hospital Inc totaling $11K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Matthew 25 Ministries Inc | Humanitarian aid | 2020 | $10,651 |
Grants made · $95K in FY2023
4 grants totaling $95K in FY2023. All grants made by Bethesda Hospital Inc →
| Recipient | Purpose | Amount |
|---|---|---|
| Healthy Moms and Babes Inc | General support | $46,347 |
| Zoological Society of Cincinnati | Sponsorship | $30,898 |
| Friars Club Inc | General support | $8,828 |
| Cincinnati Museum Center | Capital support | $8,828 |
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Frequently asked questions
- Is Bethesda Hospital Inc a legitimate nonprofit?
- Yes. Bethesda Hospital Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 31-0537122, based in Cincinnati, Ohio. Donations are tax-deductible.
- What is Bethesda Hospital Inc's EIN?
- Bethesda Hospital Inc's Employer Identification Number (EIN) is 31-0537122.
- How much revenue does Bethesda Hospital Inc report?
- Bethesda Hospital Inc reported $917,339,159 in total revenue on its fiscal year 2023 IRS Form 990 filing.
- How much of Bethesda Hospital Inc's spending goes to programs?
- Bethesda Hospital Inc spends about 85% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Bethesda Hospital Inc have?
- CharityIndex grades Bethesda Hospital Inc A, based on program efficiency and fundraising cost.
- How much does Bethesda Hospital Inc's highest-paid employee make?
- The highest reported compensation on Bethesda Hospital Inc's latest Form 990 is $348,142, paid to Scott Woods Md (Physician).
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Data for Bethesda Hospital Inc (EIN 31-0537122) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.