Parkview Health System Inc

Analysis

Parkview Health System Inc is a registered charity in United States, based in Fort Wayne, IN. It received its IRS tax-exemption ruling in January 1997, 29 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Parkview Health System Inc reported income of $1.11bn and spending of $1.20bn, spending 108% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $811.1m to $1.11bn (+37%), an average of +8.2% a year. The sharpest change came in the year to December 2020, when income rose by 15%. 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, Parkview Health System Inc sits at the 99th percentile: it is one of the largest 1% in its cause. 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 Shriners Hospitals for Children ($1.11bn), Brookdale Hospital Medical Center ($1.11bn) and Legacy Emanuel Hospital & Health Center ($1.11bn).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.1% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $21.0m (1.8% of expenses). Other salaries and wages came to $653.4m. It paid $39k in professional fundraising fees. At year end it held assets of $2.46bn against liabilities of $1.10bn, net assets of $1.35bn. It reported 7,022 employees.