Roseland Community Hospital

Analysis

Roseland Community Hospital is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in March 1941, 85 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 March 2023, Roseland Community Hospital reported income of $64.6m and spending of $76.9m, spending 119% of what it took in. Across the 5 years on record, from March 2019 to March 2023, income grew from $41.0m to $64.6m (+57%), an average of +12% a year. The sharpest change came in the year to March 2021, when income rose by 53%. 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, Roseland Community Hospital sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within IL. Charities of a similar size with the same main cause include Bonner General Hospital Inc ($64.4m), Marin Community Clinic ($64.6m) and Grinnell Regional Medical Center ($64.4m).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 14% and program service revenue 84% of the total. Other salaries and wages came to $27.8m. At year end it held assets of $13.1m against liabilities of $38.3m, net assets of -$25.3m. It reported 650 employees.