Kentucky · Nonprofit
ASHLAND HOSPITAL CORPORATION
ASHLAND HOSPITAL CORPORATION (Kentucky) receives grants from 6 organizations whose IRS filings report $367,821 to it, the largest being Bon Secours Mercy Health Foundation ($233,776). 1 of them have funded it in more than one year.
- Revenue FY2025
- $1.0B
- Funders on record
- 6
- Grants received
- $368k
- Net assets
- $1.0B
What Ashland Hospital Corporation does
Mission
To provide community healthcare services. To care. To serve. To heal.
As stated on its FY2025 Form 990.
Program
Located in ashland, ky., king's daughters medical center has been serving the people of northeastern kentucky, southern ohio, and western west virginia since 1899. Our mission is centered on healing the sick, improving quality and length of life, building healthy communities, and meeting the evolving healthcare needs of the region.as one of the area's largest employers, king's daughters plays a vital role in the region's infrastructure by ensuring access to high-quality healthcare services; providing stable employment; supporting economic development; and investing in education from pre-school through senior citizens.king's daughters provides comprehensive healthcare services across a broad range of specialties, including heart and vascular care; orthopedics and sports medicine; digestive health; surgical services and bariatrics; behavioral medicine and psychiatric care; oncology; maternity, women's care and pediatrics; pulmonology; and primary care. King's daughters is comprised of one acute-care hospital totaling 465 licensed beds; an integrated network of more than 500 physicians and advanced practitioners; and more than 80 ambulatory centers and practice locations offering…
$767,239,819 spentof which $609,933 as grants$960,409,610 earned by the program100% of program spending
The program described on its FY2024 Form 990. Program spending in total: $767,239,819.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2022 to 2023, from $875M to $1.2B (+35%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Government-grant reliance: 2017 0% · 2018 0% · 2019 0% · 2020 1% · 2021 1% · 2022 1% · 2023 0% · 2024 0% · 2025 0%. Grants only. Government contracts and fees sit inside program revenue.
0% of ASHLAND HOSPITAL CORPORATION’s revenue is contributions — more earned-revenue than three-quarters of its peers (1% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 1 of the last 9 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Chief executive
Sara Marks
President/CEO
Board chair
David Jones
Chairman, board of director
As listed on its FY2025 Form 990.
The chief executive listed changed between the FY2020 and FY2021 filings.
Who funds it, year by year
2017 → 2023: the base narrowed from 2 funders to 1 funder, grant income fell $54k → $21k.
1 of 6 of your funders are donor-advised or pass-through sponsors (tagged DAF) — 3% of grant dollars received. That money is really individual donors directing a sponsor; the institutions to cultivate are the non-DAF funders.
Left out of every figure on this page: $594k from one payer (the payer shares this organization's board, largest King's Daughters Health Foundation Inc). These are real filings, and they are not money ASHLAND HOSPITAL CORPORATION raised.
From the IRS filings of ASHLAND HOSPITAL CORPORATION’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
ASHLAND HOSPITAL CORPORATION leans on a few funders — its largest provides 64% of grant income and the top three 92%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
100% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund ASHLAND HOSPITAL CORPORATION.
Largest funder’s share by year: 2017 77% · 2020 100% · 2021 96% · 2022 100% · 2023 100% — growing more concentrated.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Where its funders are
ASHLAND HOSPITAL CORPORATION draws 98% of its grant income from funders outside Kentucky, across 5 states in all.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. $10k arriving through sponsors registered in 1 state is excluded from the map and the split above: a sponsor holds money on a donor’s behalf, so its registered address would place those dollars somewhere no donor need ever have been. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
ASHLAND HOSPITAL CORPORATION runs a healthier operating margin than three-quarters of the 1,241 health nonprofits its size.
this organization peer median middle 50% of peers· 1,241 health nonprofits over $100M, FY2025
Government funding ASHLAND HOSPITAL CORPORATION receives
Grants and contracts to this organization from federal (USASpending) and state checkbooks, reconciled to its EIN. $2.0M on record.
- Department of Commerce$2.0M
- Department of Veterans Affairs$50k
Federal grants vs contracts are distinguished; state line items keep their reported category. Matched by name + geography (the BMF), so coverage is partial and precision-first.
Organizations like ASHLAND HOSPITAL CORPORATION
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In Kentucky
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
88% of spending goes to programs.
Governance
Footprint & structure
Files a return copy in 1 state
Part of a family of 11 related entities
- Ashland Nursing Home Corporation · exempt
- Child Development Center Corporation · exempt
- Kentucky Heart Institute Inc · exempt
- Kentucky Heart Foundation Inc · exempt
- Kentucky Medical Logistics Inc · exempt
Screen this organization
A dated, signed PDF of the compliance screen for ASHLAND HOSPITAL CORPORATION: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds ASHLAND HOSPITAL CORPORATION?
- ASHLAND HOSPITAL CORPORATION (Kentucky) receives grants from 6 organizations whose IRS filings report $367,821 to it, the largest being Bon Secours Mercy Health Foundation ($233,776). 1 of them have funded it in more than one year.
- How many funders does ASHLAND HOSPITAL CORPORATION have?
- IRS filings report 6 organizations giving $367,821 in grants to ASHLAND HOSPITAL CORPORATION, 1 of which have funded it in more than one year.
- Who is the largest funder of ASHLAND HOSPITAL CORPORATION?
- Bon Secours Mercy Health Foundation is the largest funder on record, with $233,776 in grants. The full list of funders is on this page.
- How can an organization like ASHLAND HOSPITAL CORPORATION find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Kentucky. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 6 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing