EHealth CareEIN: 370661208· Ruling Year: 1938

Hillsboro Area Hospital Inc

Hillsboro, Illinois

B+Health Score
74B+

Financial Health Score

9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.

Good

How This Organization Compares

Compared to 39 peers in Health Care with $10M-$100M revenue

Working Capital Ratio (net assets ÷ expenses)

This Org1.44×
Peer Median8.62×
💰
$34.9M
Total Revenue
📊
$33.3M
Total Expenses
🏦
$48.0M
Net Assets
📋
$8.1M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-0.4%
Year-over-year change (2022 → 2023)
Net Margin
+4.8%
Revenue minus expenses as % of revenue
Working Capital Ratio
1.44
Net assets divided by total expenses
Liabilities-to-Assets
14.4%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$34,924,187$33,260,6517%$56,090,6822%
2022$35,050,483$31,170,4136%$57,293,1813%
2021$35,034,59511%$29,505,52316%$55,765,2974%
2020$31,431,18619%$25,468,8876%$53,665,10730%
2019$26,485,9176%$23,937,6738%$41,262,1844%
2018$25,035,0125%$22,144,4633%$39,631,40610%
2017$23,847,0655%$21,416,3443%$35,961,0125%
2016$22,734,8661%$20,779,2832%$34,359,8674%
2015$22,545,3582%$20,336,921$33,086,8554%
2014$22,051,9343%$20,337,2924%$31,915,1091%
2013$21,482,9759%$19,603,3346%$32,274,36515%
2012$19,641,7991%$18,463,7452%$28,185,1432%
2011$19,450,144$18,137,066$27,641,801

Frequently Asked Questions

What does Hillsboro Area Hospital Inc do?

Hillsboro Area Hospital Inc is a health care nonprofit organization based in Illinois. It is classified under NTEE code E220 and is registered as a 501(c) tax-exempt organization with the IRS.

Is Hillsboro Area Hospital Inc financially healthy?

Based on our 9-metric Financial Health Score model, Hillsboro Area Hospital Inc has a score of 74/100 (Grade: B+). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.

How much revenue does Hillsboro Area Hospital Inc generate?

Hillsboro Area Hospital Inc reports $41.8M in annual revenue and holds $63.1M in total assets, based on IRS filings.

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