Pella Regional Health Center

Analysis

Pella Regional Health Center is a registered charity in United States, based in Pella, IA. It received its IRS tax-exemption ruling in June 1958, 68 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, Pella Regional Health Center reported income of $148.5m and spending of $139.2m, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $105.7m to $148.5m (+41%), an average of +8.9% a year. Over the whole period it spent 95% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Pella Regional Health Center sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 100th percentile within IA. Charities of a similar size with the same main cause include Sacred Heart Health Services ($148.4m), Community Memorial Hospital ($149.0m) and Fairview Heights Medical Group SC ($148.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.8% and program service revenue 85% of the total. Compensation of current officers, directors and key employees was $2.8m (2.0% of expenses). Other salaries and wages came to $58.7m. At year end it held assets of $177.2m against liabilities of $43.9m, net assets of $133.4m. It reported 1,065 employees.