Commonwealth Regional Specialty Hospital Inc

Analysis

Commonwealth Regional Specialty Hospital Inc is a registered charity in United States, based in Bowling Green, KY. It received its IRS tax-exemption ruling in July 2004, 22 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 March 2023, Commonwealth Regional Specialty Hospital Inc reported income of $6.8m and spending of $7.8m, spending 114% of what it took in. Across the 5 years on record, from March 2019 to March 2023, income fell from $7.1m to $6.8m (-4.3%), an average of -1.1% a year. The sharpest change came in the year to March 2023, when income dropped by 16%. Over the whole period it spent 103% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Commonwealth Regional Specialty Hospital Inc sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 93rd percentile within KY. Charities of a similar size with the same main cause include Primary Care Association of SC Inc ($6.8m), Community Rescue Service Inc ($6.8m) and Holland Christian Home Association ($6.8m).

On its Form 990 for the period ending March 2023, revenue came from program service revenue 101% of the total. Compensation of current officers, directors and key employees was $32k (0.4% of expenses). Other salaries and wages came to $3.3m. At year end it held assets of $3.6m against liabilities of $1.2m, net assets of $2.3m. It reported 54 employees.