Edward-Elmhurst Healthcare

Analysis

Edward-Elmhurst Healthcare is a registered charity in United States, based in Arlington HTS, IL. It received its IRS tax-exemption ruling in April 1988, 38 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, Edward-Elmhurst Healthcare reported income of $16.8m and spending of $237.9m, spending 1412% of what it took in. Across the 6 years on record, from June 2019 to December 2023, income fell from $254.6m to $16.8m (-93%), an average of -42% a year. The sharpest change came in the year to December 2023, when income dropped by 93%. Over the whole period it spent 100% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Edward-Elmhurst Healthcare sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within IL. Charities of a similar size with the same main cause include East House Corporation ($16.8m), Nhan Hoa Comprenesive Health Care Clinic Inc ($16.9m) and Southern New Jersey Perinatal Cooperative ($16.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.4% and program service revenue 24% of the total. Compensation of current officers, directors and key employees was $4.2m (1.8% of expenses). Other salaries and wages came to $97.8m. At year end it held assets of $517.6m against liabilities of $67.1m, net assets of $450.6m. It reported 1,429 employees.