Pana Community Hospital Association

Analysis

Pana Community Hospital Association is a registered charity in United States, based in Pana, IL. It received its IRS tax-exemption ruling in June 1967, 59 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, Pana Community Hospital Association reported income of $43.9m and spending of $38.3m, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $28.9m to $43.9m (+52%), an average of +11% a year. The sharpest change came in the year to December 2023, when income rose by 23%. Over the whole period it spent 91% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Pana Community Hospital Association sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 98th percentile within IL. Charities of a similar size with the same main cause include St Louis Childrens Hospital Foundation ($43.9m), Lifespring Inc ($44.0m) and Jessie Trice Community Health System Inc ($43.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 6.4% and program service revenue 92% of the total. Compensation of current officers, directors and key employees was $1.3m (3.4% of expenses). Other salaries and wages came to $14.5m. At year end it held assets of $57.2m against liabilities of $11.4m, net assets of $45.9m. It reported 353 employees.