Illinois Rural Healthnet

Analysis

Illinois Rural Healthnet is a registered charity in United States, based in Cedar Rapids, IA. It received its IRS tax-exemption ruling in April 2009, 17 years ago. Its declared purposes cover public and societal benefit, which this site groups under other charitable purposes. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Illinois Rural Healthnet reported income of $2.0m and spending of $2.9m, spending 145% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $2.0m to $2.0m (+2.4%), an average of +0.6% a year. Over the whole period it spent 156% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Illinois Rural Healthnet sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 86th percentile, and in the 88th percentile within IA. Charities of a similar size with the same main cause include East Alabama Medical Center Foundation ($2.0m), United Seamens Service Inc ($2.0m) and Georgia State Soccer Association Inc ($2.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 30% and program service revenue 69% of the total. At year end it held assets of $3.9m against liabilities of $803k, net assets of $3.1m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.