Ida County Iowa Community Hospital

Analysis

Ida County Iowa Community Hospital is a registered charity in United States, based in Ida Grove, IA. It received its IRS tax-exemption ruling in December 1975, 51 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, Ida County Iowa Community Hospital reported income of $27.8m and spending of $28.5m, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $21.0m to $27.8m (+33%), an average of +7.3% a year. The sharpest change came in the year to December 2020, when income rose by 30%. 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, Ida County Iowa Community Hospital sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within IA. Charities of a similar size with the same main cause include Mary Bridge Childrens Foundation ($27.8m), Seton Medical Group Inc ($27.8m) and River Valley Counseling Center Inc ($27.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 5.3% and program service revenue 94% of the total. Compensation of current officers, directors and key employees was $482k (1.7% of expenses). Other salaries and wages came to $10.8m. At year end it held assets of $36.2m against liabilities of $12.4m, net assets of $23.8m. It reported 232 employees.