Little River Medical Center Inc

Analysis

Little River Medical Center Inc is a registered charity in United States, based in Ashdown, AR. It received its IRS tax-exemption ruling in July 2017, 9 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 June 2023, Little River Medical Center Inc reported income of $11.1m and spending of $11.9m, spending 108% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $10.3m to $11.1m (+7.4%), an average of +1.8% a year. The sharpest change came in the year to June 2021, when income rose by 15%. Over the whole period it spent 95% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Little River Medical Center Inc sits at the 85th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within AR. Charities of a similar size with the same main cause include Unlawful Narcotics Investigations Treatment and Education Inc ($11.1m), Clifton-Fine Health Care Corporation ($11.1m) and Anc Healthcare Inc ($11.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 9.8% and program service revenue 90% of the total. Compensation of current officers, directors and key employees was $327k (2.7% of expenses). Other salaries and wages came to $6.8m. At year end it held assets of $4.4m against liabilities of $1.6m, net assets of $2.8m. It reported 193 employees.