Heartland Long Term Acute Care Hospital

Analysis

Heartland Long Term Acute Care Hospital is a registered charity in United States, based in Saint Joseph, MO. It received its IRS tax-exemption ruling in February 2009, 17 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, Heartland Long Term Acute Care Hospital reported income of $11.4m and spending of $13.8m, spending 122% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $10.9m to $11.4m (+4.3%), an average of +1.1% a year. Over the whole period it spent 107% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Heartland Long Term Acute Care Hospital 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 95th percentile, and in the 94th percentile within MO. Charities of a similar size with the same main cause include Heartland Child & Family Services ($11.4m), Tennessee Family Solutions Inc ($11.4m) and Tca Health Inc NFP ($11.4m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $271k (2.0% of expenses). Other salaries and wages came to $4.5m. At year end it held assets of $4.9m against liabilities of $19.1m, net assets of -$14.2m. It reported 158 employees.

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.