Community Hospitals of Indiana Inc

Analysis

Community Hospitals of Indiana Inc is a registered charity in United States, based in Indianapolis, IN. It received its IRS tax-exemption ruling in July 1964, 62 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, Community Hospitals of Indiana Inc reported income of $314.7m and spending of $270.7m, spending 86% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $281.4m to $314.7m (+12%), an average of +2.8% a year. Over the whole period it spent 80% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Community Hospitals of Indiana 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 Ascension All Saints Hospital Inc ($314.5m), Michael J Fox Foundation for Parkinsons Research ($316.1m) and St Johns Riverside Hospital ($314.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.0% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $450k (0.2% of expenses). Other salaries and wages came to $86.3m. At year end it held assets of $873.6m against liabilities of $6.7m, net assets of $866.9m. It reported 1,429 employees.