Elkhart General Hospital Inc

Analysis

Elkhart General Hospital Inc is a registered charity in United States, based in Elkhart, IN. It received its IRS tax-exemption ruling in November 1950, 76 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 2023, Elkhart General Hospital Inc reported income of $365.6m and spending of $320.8m, spending 88% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $326.1m to $365.6m (+12%), an average of +2.9% a year. Over the whole period it spent 91% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Elkhart General Hospital Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 100th percentile within IN. Charities of a similar size with the same main cause include San Juan Regional Medical Center Inc ($364.0m), Thedacare Inc ($365.6m) and Southeast Iowa Regional Medical Center Inc ($361.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.1% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $564k (0.2% of expenses). Other salaries and wages came to $100.8m. At year end it held assets of $274.3m against liabilities of $79.3m, net assets of $195.0m. It reported 2,013 employees.