Alivio Medical Center Inc

Analysis

Alivio Medical Center Inc is a registered charity in United States, based in Chicago, IL. It received its IRS tax-exemption ruling in September 1989, 37 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 June 2022, Alivio Medical Center Inc reported income of $27.1m and spending of $23.4m, spending 86% of its income. Across the 4 years on record, from June 2019 to June 2022, income grew from $18.5m to $27.1m (+47%), an average of +14% a year. The sharpest change came in the year to June 2021, when income rose by 78%. Over the whole period it spent 87% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Alivio Medical Center Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within IL. Charities of a similar size with the same main cause include St Johns Rehabilitation Hospital and Nursing Center Inc ($27.1m), Lawrence County Memorial Hospital ($27.1m) and Family Health Centers ($27.1m).

On its Form 990 for the period ending June 2022, revenue came from contributions and grants 44% and program service revenue 37% of the total. Compensation of current officers, directors and key employees was $2.4m (10% of expenses). Other salaries and wages came to $11.4m. At year end it held assets of $27.3m against liabilities of $10.1m, net assets of $17.2m. It reported 273 employees.