Elk Regional Health Center

Analysis

Elk Regional Health Center is a registered charity in United States, based in Du Bois, PA. It received its IRS tax-exemption ruling in January 1979, 47 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 2022, Elk Regional Health Center reported income of $72.3m and spending of $65.0m, spending 90% of its income. Across the 4 years on record, from June 2019 to June 2022, income grew from $65.9m to $72.3m (+9.7%), an average of +3.1% a year. The sharpest change came in the year to June 2021, when income rose by 18%. Over the whole period it spent 89% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Elk Regional Health Center sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within PA. Charities of a similar size with the same main cause include Mymichigan Medical Center West Branch ($72.3m), Central Virginia Health Services Inc ($72.4m) and Boone Memorial Hospital Inc ($72.2m).

On its Form 990 for the period ending June 2022, revenue came from contributions and grants 4.8% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $201k (0.3% of expenses). Other salaries and wages came to $23.6m. At year end it held assets of $107.7m against liabilities of $48.0m, net assets of $59.7m. It reported 488 employees.