Community Hospital Corporation

Analysis

Community Hospital Corporation is a registered charity in United States, based in Plano, TX. It received its IRS tax-exemption ruling in August 1998, 28 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Community Hospital Corporation reported income of $12.1m and spending of $13.9m, spending 115% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $9.5m to $12.1m (+27%), an average of +6.2% a year. The sharpest change came in the year to June 2021, when income rose by 43%. Over the whole period it spent 105% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Community Hospital Corporation sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within TX. Charities of a similar size with the same main cause include Shout It Now ($12.1m), The Voyage Senior Living ($12.1m) and Marshall County Memorial Hospital ($12.1m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 94% of the total. Compensation of current officers, directors and key employees was $340k (2.4% of expenses). Other salaries and wages came to $8.2m. At year end it held assets of $31.4m against liabilities of $39.2m, net assets of -$7.9m. It reported 86 employees.