Central Community Hospital

Analysis

Central Community Hospital is a registered charity in United States, based in Elkader, IA. It received its IRS tax-exemption ruling in May 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 June 2023, Central Community Hospital reported income of $13.0m and spending of $12.3m, spending 95% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $9.0m to $13.0m (+45%), an average of +9.8% a year. The sharpest change came in the year to June 2023, when income rose by 26%. Over the whole period it spent 93% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Central Community Hospital 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 Southern Arizona AIDS Foundation ($13.0m), Newark AIDS Consortium Inc ($13.0m) and Community and Rural Health Services ($13.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 2.1% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $362k (2.9% of expenses). Other salaries and wages came to $5.2m. At year end it held assets of $13.1m against liabilities of $1.6m, net assets of $11.5m. It reported 116 employees.