Indiana University Health Bedford Inc

Analysis

Indiana University Health Bedford Inc is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in May 1969, 57 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 December 2023, Indiana University Health Bedford Inc reported income of $114.0m and spending of $90.3m, leaving 21% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $80.8m to $114.0m (+41%), an average of +9.0% a year. The sharpest change came in the year to December 2023, when income rose by 16%. Over the whole period it spent 79% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Indiana University Health Bedford Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within IN. Charities of a similar size with the same main cause include St Vincents Health System ($114.0m), Bowen Health Inc ($114.1m) and Day Kimball Healthcare Inc ($113.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.2% and program service revenue 94% of the total. Other salaries and wages came to $25.5m. At year end it held assets of $171.4m against liabilities of $14.4m, net assets of $157.0m. It reported 436 employees.