Trinity Medical Center

Analysis

Trinity Medical Center is a registered charity in United States, based in Rock Island, IL. It received its IRS tax-exemption ruling in March 1946, 80 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, Trinity Medical Center reported income of $436.9m and spending of $467.8m, spending 107% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $403.0m to $436.9m (+8.4%), an average of +2.0% a year. Over the whole period it spent 102% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Trinity Medical Center 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 IL. Charities of a similar size with the same main cause include John T Mather Memorial Hospital ($436.7m), Parkwest Medical Center ($437.3m) and Richmond Medical Center ($436.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.2% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $5.2m (1.1% of expenses). Other salaries and wages came to $163.9m. At year end it held assets of $454.7m against liabilities of $250.0m, net assets of $204.7m. It reported 2,712 employees.