White River Health System Inc

Analysis

White River Health System Inc is a registered charity in United States, based in Batesville, AR. It received its IRS tax-exemption ruling in October 1969, 57 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, White River Health System Inc reported income of $287.0m and spending of $296.7m, spending 103% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $264.1m to $287.0m (+8.7%), an average of +2.1% a year. The sharpest change came in the year to September 2021, when income rose by 16%. Over the whole period it spent 98% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, White River Health System Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 100th percentile within AR. Charities of a similar size with the same main cause include Kings Physician Services PC ($286.9m), Galion Community Hospital ($287.3m) and Mercy Hospital Joplin ($286.7m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 0.5% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $3.5m (1.2% of expenses). Other salaries and wages came to $124.3m. At year end it held assets of $238.7m against liabilities of $66.0m, net assets of $172.7m. It reported 2,374 employees.