Trinity Regional Medical Center

Analysis

Trinity Regional Medical Center is a registered charity in United States, based in Fort Dodge, IA. It received its IRS tax-exemption ruling in February 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, Trinity Regional Medical Center reported income of $184.1m and spending of $178.2m, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $137.7m to $184.1m (+34%), an average of +7.5% a year. Over the whole period it spent 94% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Trinity Regional Medical Center sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 100th percentile within IA. Charities of a similar size with the same main cause include Renown South Meadows Medical Center ($183.9m), Northern Dutchess Hospital ($184.3m) and Fort Hamilton Hospital ($183.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.9% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $240k (0.1% of expenses). Other salaries and wages came to $78.6m. At year end it held assets of $231.6m against liabilities of $30.6m, net assets of $201.0m. It reported 1,045 employees.