Hardin County Regional Health Center

Analysis

Hardin County Regional Health Center is a registered charity in United States, based in Savannah, TN. It received its IRS tax-exemption ruling in July 1993, 33 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 December 2023, Hardin County Regional Health Center reported income of $22.6m and spending of $22.0m, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $15.6m to $22.6m (+45%), an average of +9.7% a year. The sharpest change came in the year to December 2021, when income rose by 30%. Over the whole period it spent 88% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Hardin County Regional Health Center sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 98th percentile within TN. Charities of a similar size with the same main cause include Myagro Farms ($22.6m), The John H Boner Community Center Inc ($22.6m) and Catholic Social Servies of the Miami Valley ($22.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 16% and program service revenue 82% of the total. Compensation of current officers, directors and key employees was $801k (3.6% of expenses). Other salaries and wages came to $10.3m. At year end it held assets of $29.3m against liabilities of $4.8m, net assets of $24.5m. It reported 184 employees.