Llano Regional Hospital

Analysis

Llano Regional Hospital is a registered charity in United States, based in Llano, TX. It received its IRS tax-exemption ruling in August 2013, 13 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 December 2021, Llano Regional Hospital reported income of $6.2m and spending of $9.7m, spending 155% of what it took in. Across the 4 years on record, from June 2019 to December 2021, income fell from $26.6m to $6.2m (-77%), an average of -38% a year. The sharpest change came in the year to December 2020, when income dropped by 61%. 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, Llano Regional Hospital sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 95th percentile within TX. Charities of a similar size with the same main cause include Delta Dental of Iowa Foundation ($6.2m), Wheat State Manor Inc ($6.2m) and Prairie View Management Inc ($6.2m).

On its Form 990 for the period ending December 2021, revenue came from contributions and grants 7.1% and program service revenue 92% of the total. Other salaries and wages came to $2.2m. At year end it held assets of -$3.4m against liabilities of $54k, net assets of -$3.5m.