Rochelle Community Hospital Association

Analysis

Rochelle Community Hospital Association is a registered charity in United States, based in Rochelle, IL. It received its IRS tax-exemption ruling in August 1967, 59 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 April 2023, Rochelle Community Hospital Association reported income of $53.8m and spending of $51.0m, spending 95% of its income. Across the 5 years on record, from April 2019 to April 2023, income grew from $36.6m to $53.8m (+47%), an average of +10% a year. The sharpest change came in the year to April 2022, when income rose by 28%. 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, Rochelle Community Hospital Association sits at the 93rd percentile: it is larger than about 93% 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 Glendive Medical Center Inc ($53.7m), National Comprehensive Cancer Network Inc ($53.8m) and Russellville Hospital Inc ($53.7m).

On its Form 990 for the period ending April 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 $1.6m (3.2% of expenses). Other salaries and wages came to $19.2m. At year end it held assets of $70.5m against liabilities of $10.3m, net assets of $60.2m. It reported 386 employees.