Heartland Health System Inc

Analysis

Heartland Health System Inc is a registered charity in United States, based in Mattoon, IL. It received its IRS tax-exemption ruling in November 2019, 7 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Heartland Health System Inc reported income of $38.1m and spending of $39.9m, spending 105% of its income. Across the 3 years on record, from June 2021 to June 2023, income grew from $38.0m to $38.1m (+0.1%), an average of +0.0% a year. Over the whole period it spent 98% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Heartland Health System Inc sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within IL. Charities of a similar size with the same main cause include Staywell Health Care Inc ($38.1m), Sartori Memorial Hospital Inc ($38.1m) and Desoto Hospital Association ($38.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.1% and program service revenue 97% of the total. Other salaries and wages came to $16.5m. At year end it held assets of $27.9m against liabilities of $22.7m, net assets of $5.2m. It reported 384 employees.