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Owensboro Health

Owensboro, KY · EIN 61-1286361 · 501(c)(3) · Hospital or medical research organization
Latest filing: Form 990 for the fiscal year ending May 31, 2025 (tax year 2024) · View the filing · Correct or respond

Owensboro Health reported $888.7 million in revenue and $738.6 million in expenses for the fiscal year ending May 31, 2025. Of every $100 it spent, $76.51 went to program services, $23.49 to management and general costs and $0.00 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 96.1% of the total. The highest compensation it reported for one person was $1,394,120 (PRESIDENT AND CEO). 422 people received more than $100,000 in reportable compensation. Revenue rose 39% between FY2020 and FY2025. Source: Form 990, FY2025.

Where $100 of spending went

The fiscal year ending May 31, 2025 · Form 990, Part IX, line 25 · total expenses $739M

For context, the median across 5,634 covered health care charities: $86.19 programs, $13.81 management, $0.00 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

The fiscal year ending May 31, 2025 · Form 990, Part VIII · total revenue $889M

The 990 scorecard · same measures for every charity, no grades

FY2025 filing. Median across 5,634 covered charities in this category, from their latest filings.
MeasureFY2025Median
Program services
Part IX 25(B) ÷ 25(A)
76.5%85.6%
Management & general
Part IX 25(C) ÷ 25(A)
23.5%13.7%
Fundraising
Part IX 25(D) ÷ 25(A)
0.0%0.0%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.00$0.00
Contributions & grants share of revenue
Part VIII 1h ÷ 12
0.2%1.3%
Government grants share of revenue
Part VIII 1e ÷ 12
0.1%0.1%
Program service revenue share
Part VIII 2g ÷ 12
96.1%93.7%
Highest reported compensation
Part VII-A, columns D–F
$1,394,120$975,831
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
0.19%1.34%
People paid over $100,000
Part VII, line 2
42227
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
20.96.6
Independent voting board members
Part VI 1a–1b
14 of 1688.9%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

FY2025 · Form 990, Part III · the three largest programs by expense
$565M expenses · 100.0% of program spending · grants $2.2M · revenue $853M

OWENSBORO HEALTH, INC. (OH) IS THE PARENT ORGANIZATION OF A DIVERSIFIED SYSTEM OF HEALTH CARE ORGANIZATIONS THAT PROVIDES A BROAD RANGE OF INPATIENT AND OUTPATIENT SERVICES AND OTHER COMPLEMENTARY HEALTH CARE SERVICES. OH EMPLOYS HEALTHCARE PROFESSIONALS, INCLUDING PHYSICIANS, NURSES, ADVANCE PRACTICE REGISTERED NURSES, PHYSICIAN ASSISTANTS AND OTHER LICENSED PROFESSIONALS WHO PROVIDE DIRECT PATIENT CARE IN THE ORGANIZATION'S MAIN HOSPITAL, OWENSBORO HEALTH REGIONAL HOSPITAL. IN ADDITION, THE ORGANIZATION OPERATES SEVERAL WHOLLY OWNED AND CONTROLLED SUBSIDIARIES, INCLUDING OH MUHLENBERG, LLC…

Highest reported compensation

FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
PRESIDENT AND CEO
Officer, 38.0 hrs/week
$1,331,050$0$63,070$1,394,120
CHIEF MEDICAL OFFICER
Key employee, 40.0 hrs/week
$900,892$0$16,138$917,030
BOARD MEMBER
Director/trustee, 3.0 hrs/week
$0$831,706$36,089$867,795
CHIEF ADMINISTRATIVE OFFICER
Key employee, 40.0 hrs/week
$700,613$0$91,471$792,084
CHIEF LEGAL OFFICER
Key employee, 40.0 hrs/week
$644,674$0$112,391$757,065
CHIEF FINANCIAL OFFICER
Officer, 38.0 hrs/week
$609,034$0$95,325$704,359
CHIEF OPERATING OFFICER-OHRH
Key employee, 40.0 hrs/week
$606,337$0$57,079$663,416
VP QUALITY AND PATIENT SAFETY
Key employee, 40.0 hrs/week
$597,794$0$43,514$641,308

422 people received more than $100,000 in reportable compensation from Owensboro Health (Part VII, line 2). Compensation of current officers, directors and key employees totaled $9.6M (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$250M$500M$750M$1.00BFY2020FY2021FY2022FY2023FY2024FY2025$889M$739M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$889M$739M76.5%$1.28B$1,394,120
FY2024 ⓘ$822M$692M75.5%$1.13B$1,288,766
FY2023 ⓘ$782M$681M76.8%$987M$1,143,924
FY2022 ⓘ$744M$635M77.3%$888M$1,114,406
FY2021 ⓘ$710M$560M76.5%$819M$1,394,019
FY2020 ⓘ$640M$567M75.5%$658M$1,300,408

Governance answers, as filed

FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b16 · 14 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aYes
  • Board given the 990 before filing Part VI 11aNo
  • Family or business ties among insiders Part VI 2No
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4Yes
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bNo
  • Employees Part I, line 53,953
  • Volunteers Part I, line 6334

Largest outside contractors

FY2025 · Form 990, Part VII, Section B · businesses only
OPTUM
Mgmt of rev cycle and inf tech svc
$65,202,838
COMMONWEALTH ANESTHESIAPSC
Anesthesia services
$11,019,480
MORRISON HEALTHCARE FOOD SVC
Food services
$7,453,753
LOUISVILLE RAD IMAGING CNSLTS
Radiology services
$7,050,417
UNIVERSITY OF LOUISVILLE
Residency program
$6,866,834

Individuals listed as contractors are left out. 109 contractors were paid more than $100,000 in all.

Correct a figure or respond

Every number above is copied from Owensboro Health's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Owensboro Health, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All health care charities · Largest charities in Kentucky

Questions people ask

How much of Owensboro Health's spending goes to programs?

In the fiscal year ending May 31, 2025, Owensboro Health reported that 76.5% of its $738.6 million in expenses went to program services, 23.5% to management and general and 0.0% to fundraising (Form 990, Part IX).

How much does Owensboro Health pay its top executive?

The largest total compensation Owensboro Health reported for one person in the fiscal year ending May 31, 2025 was $1,394,120, for the role of PRESIDENT AND CEO (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Owensboro Health get its money?

Of $888.7 million in revenue in the fiscal year ending May 31, 2025, 0.2% came from contributions and grants (including 0.1% from government grants) and 96.1% from program service revenue (Form 990, Part VIII).

Is Owensboro Health a registered charity?

The IRS lists EIN 61-1286361 as a 501(c)(3) organization (hospital or medical research organization), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • FY2025: Form 990 for the fiscal year ending May 31, 2025, object 202502879349302350 · read the filing · XML
  • FY2024: Form 990 for the fiscal year ending May 31, 2024, object 202432869349300318 · read the filing
  • FY2023: Form 990 for the fiscal year ending May 31, 2023, object 202440829349300129 · read the filing
  • FY2022: Form 990 for the fiscal year ending May 31, 2022, object 202321029349301532 · read the filing
  • FY2021: Form 990 for the fiscal year ending May 31, 2021, object 202142869349300249 · read the filing
  • FY2020: Form 990 for the fiscal year ending May 31, 2020, object 202032899349302458 · read the filing

All filings for EIN 61-1286361: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.