Lindsborg Community Hospital Association

Analysis

Lindsborg Community Hospital Association is a registered charity in United States, based in Lindsborg, KS. It received its IRS tax-exemption ruling in February 1945, 81 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 September 2023, Lindsborg Community Hospital Association reported income of $16.5m and spending of $14.8m, spending 90% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $11.7m to $16.5m (+41%), an average of +9.0% a year. The sharpest change came in the year to September 2021, when income rose by 29%. Over the whole period it spent 90% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Lindsborg Community Hospital Association sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 96th percentile within KS. Charities of a similar size with the same main cause include Baptist Memorials Ministries ($16.5m), United Community Services Inc ($16.5m) and Providence Hospital ($16.5m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 2.0% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $440k (3.0% of expenses). Other salaries and wages came to $7.2m. At year end it held assets of $18.0m against liabilities of $872k, net assets of $17.1m.