Trinity Regional Health System

Analysis

Trinity Regional Health System is a registered charity in United States, based in Rock Island, IL. It received its IRS tax-exemption ruling in January 1990, 36 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Trinity Regional Health System reported income of $898k and spending of $93k, leaving 90% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income fell from $3.0m to $898k (-70%), an average of -26% a year. The sharpest change came in the year to December 2021, when income rose by 201%. Over the whole period it spent 30% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Trinity Regional Health System sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 78th percentile, and in the 77th percentile within IL. Charities of a similar size with the same main cause include San Luis Valley Great Outdoors ($898k), Jewish Community Council of Canarsie Inc ($898k) and Lifeway Network Inc ($898k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 12% and program service revenue 10% of the total. At year end it held assets of $36.8m against liabilities of $9.6m, net assets of $27.2m.