Prairie Ridge Health Inc

Analysis

Prairie Ridge Health Inc is a registered charity in United States, based in Columbus, WI. It received its IRS tax-exemption ruling in February 1972, 54 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 September 2023, Prairie Ridge Health Inc reported income of $75.5m and spending of $68.5m, spending 91% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $52.4m to $75.5m (+44%), an average of +9.6% a year. The sharpest change came in the year to September 2021, when income rose by 26%. Over the whole period it spent 86% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Prairie Ridge Health Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within WI. Charities of a similar size with the same main cause include Sisters of Mary of the Presentation Long Term Care ($75.4m), Community Hospital of Noble County Inc ($75.6m) and New Vista Behavioral Healthcare Inc ($75.4m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 0.3% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $3.3m (4.9% of expenses). Other salaries and wages came to $25.0m. At year end it held assets of $123.6m against liabilities of $28.6m, net assets of $95.0m. It reported 464 employees.