North Arkansas Regional Medical Center

Analysis

North Arkansas Regional Medical Center is a registered charity in United States, based in Harrison, AR. It received its IRS tax-exemption ruling in December 1996, 30 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, North Arkansas Regional Medical Center reported income of $93.0m and spending of $101.7m, spending 109% of what it took in. Across the 5 years on record, from March 2019 to March 2023, income fell from $100.6m to $93.0m (-7.6%), an average of -2.0% a year. Over the whole period it spent 102% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, North Arkansas Regional Medical Center sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within AR. Charities of a similar size with the same main cause include New York Genome Center Inc ($92.9m), Ascension Via Christi Hospital Pittsburg Inc ($93.1m) and Casa Colina Hospital and Centers for Healthcare ($92.9m).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 0.6% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $2.5m (2.5% of expenses). Other salaries and wages came to $43.2m. At year end it held assets of $84.7m against liabilities of $28.4m, net assets of $56.4m. It reported 947 employees.