Edith L Patterson Community General Hospital Trust

Analysis

Edith L Patterson Community General Hospital Trust is a registered charity in United States, based in Prophetstown, IL. It received its IRS tax-exemption ruling in December 1968, 58 years ago. 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, Edith L Patterson Community General Hospital Trust reported income of $236k and spending of $19k, leaving 92% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $13k to $236k (+1696%), an average of +106% a year. The sharpest change came in the year to December 2023, when income rose by 1530%. Over the whole period it spent 26% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Edith L Patterson Community General Hospital Trust sits at the 56th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 57th percentile, and in the 57th percentile within IL. Charities of a similar size with the same main cause include Hasselbring Senior Center ($236k), Saint Francis Prayer Center Inc ($236k) and Marcus Hook-Trainer Fire Dept Station 68 Inc ($236k).

Compensation of current officers, directors and key employees was $1,200 (6.3% of expenses). At year end it held assets of $866k against liabilities of $15k, net assets of $852k.