Chadron Community Hospital Corp

Analysis

Chadron Community Hospital Corp is a registered charity in United States, based in Chadron, NE. It received its IRS tax-exemption ruling in February 1959, 67 years ago. 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 September 2023, Chadron Community Hospital Corp reported income of $33.5m and spending of $33.1m, spending 99% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $26.8m to $33.5m (+25%), an average of +5.7% a year. The sharpest change came in the year to September 2021, when income rose by 31%. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Chadron Community Hospital Corp sits at the 99th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within NE. Charities of a similar size with the same main cause include Hebrew Academy of Cleveland ($33.5m), Via Christi Healthcare Outreach Program for Elders Inc ($33.5m) and San Diego County Tobacco Securitization Corporation ($33.4m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 8.5% and program service revenue 91% of the total. Compensation of current officers, directors and key employees was $48k (0.1% of expenses). Other salaries and wages came to $10.9m. At year end it held assets of $31.6m against liabilities of $15.5m, net assets of $16.1m. It reported 316 employees.