Touchette Regional Hospital Inc

Analysis

Touchette Regional Hospital Inc is a registered charity in United States, based in Cahokia HGTS, IL. It received its IRS tax-exemption ruling in February 1993, 33 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 December 2023, Touchette Regional Hospital Inc reported income of $88.4m and spending of $71.8m, spending 81% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $56.7m to $88.4m (+56%), an average of +12% a year. The sharpest change came in the year to December 2021, when income rose by 34%. Over the whole period it spent 90% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Touchette Regional Hospital Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within IL. Charities of a similar size with the same main cause include Ut Regional One Physicians Inc ($88.4m), Ehs Home Health Care Service Inc ($88.4m) and Good Shepherd Rehabilitation Hosp ($88.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 30% and program service revenue 69% of the total. Compensation of current officers, directors and key employees was $1.7m (2.3% of expenses). Other salaries and wages came to $20.6m. At year end it held assets of $69.0m against liabilities of $19.5m, net assets of $49.4m. It reported 470 employees.