Genesis Medical Center Aledo

Analysis

Genesis Medical Center Aledo is a registered charity in United States, based in Aledo, IL. It received its IRS tax-exemption ruling in April 2014, 12 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, Genesis Medical Center Aledo reported income of $20.9m and spending of $18.8m, spending 90% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $15.3m to $20.9m (+36%), an average of +8.0% 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, Genesis Medical Center Aledo sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within IL. Charities of a similar size with the same main cause include United Cerebral Palsy Association of Miami Inc ($20.8m), Southwest Counseling Solutions Inc ($20.9m) and Communities for People ($20.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.5% and program service revenue 89% of the total. Other salaries and wages came to $7.5m. At year end it held assets of $11.0m against liabilities of $9.1m, net assets of $1.9m. It reported 122 employees.