Indiana Regional Medical Center

Analysis

Indiana Regional Medical Center is a registered charity in United States, based in Indiana, PA. It received its IRS tax-exemption ruling in October 2022, 4 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, Indiana Regional Medical Center reported income of $218.0m and spending of $202.8m, spending 93% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $176.7m to $218.0m (+23%), an average of +5.4% a year. The sharpest change came in the year to June 2023, when income rose by 21%. Over the whole period it spent 95% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Indiana Regional Medical Center sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 100th percentile within PA. Charities of a similar size with the same main cause include Big Bend Community Based Care Inc ($217.3m), Mercy Hospital Jefferson ($218.8m) and Community Care of North Carolina Inc ($216.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 4.0% and program service revenue 91% of the total. Compensation of current officers, directors and key employees was $2.9m (1.4% of expenses). Other salaries and wages came to $65.4m. At year end it held assets of $256.0m against liabilities of $116.1m, net assets of $139.9m. It reported 1,257 employees.