Community Hospital Inc

Analysis

Community Hospital Inc is a registered charity in United States, based in Hamburg, IA. It received its IRS tax-exemption ruling in April 1955, 71 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, Community Hospital Inc reported income of $13.1m and spending of $14.7m, spending 112% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $11.2m to $13.1m (+17%), an average of +3.9% a year. The sharpest change came in the year to September 2021, when income rose by 48%. Over the whole period it spent 99% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Community Hospital Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within IA. Charities of a similar size with the same main cause include M E D F Physicians Corporation ($13.1m), St Joseph Care Center ($13.1m) and Community Health Centers of Western Kentucky Inc ($13.1m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 0.6% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $217k (1.5% of expenses). Other salaries and wages came to $5.2m. At year end it held assets of $8.6m against liabilities of $3.2m, net assets of $5.4m. It reported 138 employees.