EHealth CareEIN: 311097818

Preston Memorial Hospital Corporation

Kingwood, West Virginia

B-Health Score
47B-

Financial Health Score

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

Average

How This Organization Compares

Compared to 39 peers in Health Care with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org0.11×
Peer Median8.62×
💰
$53.0M
Total Revenue
📊
$52.9M
Total Expenses
🏦
$6.1M
Net Assets
📋
$40.3M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
+91.3%
Year-over-year change (2022 → 2023)
Net Margin
+0.1%
Revenue minus expenses as % of revenue
Working Capital Ratio
0.11
Net assets divided by total expenses
Liabilities-to-Assets
86.9%
Total liabilities as % of total assets

Filing History

14 filings on record
YearRevenueExpensesAssets
2023$52,979,23191%$52,949,35897%$46,376,5035%
2022$27,699,50950%$26,920,62351%$49,013,67811%
2022$55,171,8379%$55,471,19019%$55,257,6959%
2021$50,555,6836%$46,535,6131%$60,807,64414%
2020$47,530,6762%$47,235,017$53,292,17413%
2019$46,789,62211%$47,065,16011%$47,260,2492%
2018$42,020,63610%$42,461,5969%$48,344,8331%
2017$38,282,4823%$39,039,1213%$49,037,174
2016$37,081,8368%$37,844,89818%$49,231,639
2015$34,345,191156%$31,957,606140%$49,131,686131%
2014$13,401,21149%$13,328,04847%$21,252,78198%
2013$26,199,6473%$25,348,7608%$10,756,45123%
2012$25,501,0052%$23,460,9284%$8,741,08111%
2011$24,973,131$22,648,918$7,860,489

Frequently Asked Questions

What does Preston Memorial Hospital Corporation do?

Preston Memorial Hospital Corporation is a health care nonprofit organization based in West Virginia. It is classified under NTEE code E22Z and is registered as a 501(c) tax-exempt organization with the IRS.

Is Preston Memorial Hospital Corporation financially healthy?

Based on our 9-metric Financial Health Score model, Preston Memorial Hospital Corporation has a score of 47/100 (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 Preston Memorial Hospital Corporation generate?

Preston Memorial Hospital Corporation reports $63.9M in annual revenue and holds $62.9M in total assets, based on IRS filings.

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