Pana Community Hospital Foundation

Analysis

Pana Community Hospital Foundation is a registered charity in United States, based in Pana, IL. It received its IRS tax-exemption ruling in April 1993, 33 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, Pana Community Hospital Foundation reported income of $228k and spending of $2.8m, spending 1245% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $542k to $228k (-58%), an average of -20% a year. The sharpest change came in the year to December 2020, when income rose by 150%. Over the whole period it spent 149% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Pana Community Hospital Foundation sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 56th percentile, and in the 57th percentile within IL. Charities of a similar size with the same main cause include Izaak Walton League of America Inc ($228k), Fern 45 ($228k) and Hodgson Road Properties Inc ($228k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 58% of the total. At year end it held assets of $3.9m against liabilities of $0, net assets of $3.9m. It reported 6 employees.