Harrisburg Medical Center Inc

Analysis

Harrisburg Medical Center Inc is a registered charity in United States, based in Carbondale, IL. It received its IRS tax-exemption ruling in February 1975, 51 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 March 2023, Harrisburg Medical Center Inc reported income of $49.7m and spending of $56.0m, spending 113% of what it took in. Across the 5 years on record, from June 2019 to March 2023, income fell from $59.5m to $49.7m (-16%), an average of -4.4% a year. The sharpest change came in the year to March 2022, when income dropped by 39%. Over the whole period it spent 104% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Harrisburg Medical Center Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 98th percentile within IL. Charities of a similar size with the same main cause include Southeast Inc ($49.6m), Community Hospital Association Inc ($49.8m) and Translational Genomics Research Institute ($49.6m).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 0.6% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $435k (0.8% of expenses). Other salaries and wages came to $22.6m. At year end it held assets of $34.9m against liabilities of $25.0m, net assets of $9.9m. It reported 413 employees.