Illinois Critical Access Hospital Network

Analysis

Illinois Critical Access Hospital Network is a registered charity in United States, based in Princeton, IL. It received its IRS tax-exemption ruling in August 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 publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Illinois Critical Access Hospital Network reported income of $4.6m and spending of $4.3m, spending 93% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $5.1m to $4.6m (-9.8%), an average of -2.5% a year. The sharpest change came in the year to December 2020, when income rose by 156%. Over the whole period it spent 97% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Illinois Critical Access Hospital Network sits at the 79th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 92nd percentile within IL. Charities of a similar size with the same main cause include El Futuro ($4.6m), Rural Health Access Corporation ($4.6m) and Meriter Health Services Inc ($4.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 45% and program service revenue 51% of the total. Compensation of current officers, directors and key employees was $451k (11% of expenses). Other salaries and wages came to $1.1m. At year end it held assets of $4.8m against liabilities of $1.6m, net assets of $3.2m. It reported 26 employees.