Charity Search / AITKIN COMMUNITY HOSPITAL INC
Health Care (E220) 990 on File

AITKIN COMMUNITY HOSPITAL INC

EIN: 41-0745522 · AITKIN, MN 56431-1865 · United States · FY 2024 Data
3 out of 5 59 / 100 Based on 2+ years of filings
Financial strength (30%) 86/100
Reliability (20%) 55/100
Effectiveness (25%) 88/100
Impact (25%) No data yet
Financial data: FY 2024 · Scored 9/13/2026
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Financial Overview — FY 2024
$104.6M
Total Revenue
$106.9M
Total Expenses
$76.0M
Net Assets
605
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 85.9%
Fundraising Efficiency N/A
Operating Reserve 8.53x
Liability-to-Asset 55.9%
Revenue Diversification 97.5%
Executive Compensation $2.3M
Compared with Peers
FY 2024
Compared with 938 similar organizations (United States, Health Care, $100M and over in expenses), FY 2024.
This organization Middle half of peers (P25–P75) Peer median
Ratio This org Peer median Position (P10 → P90)
Program expense ratio
Program expenses / total expenses · higher is better
85.9% 87.7%
P10P90
Below median
Admin expense ratio
Management and general / total expenses · lower is better
14.1% 12.3%
P10P90
Below median
Fundraising expense ratio
Fundraising expenses / total expenses · lower is better
0.0% 0.0%
P10P90
Top quarter
Operating reserve
Months of expenses covered by net assets · higher is better
8.5 mo 6.1 mo
P10P90
Above median
Liabilities to assets
Total liabilities / total assets · lower is better
55.9% 44.5%
P10P90
Below median
Revenue concentration
Share of revenue from the largest source · lower is better
97.5% 96.4%
P10P90
Below median
Revenue growth
Year over year revenue growth
8.9% 9.1%
P10P90
Expense growth
Year over year expense growth
12.8% 7.8%
P10P90
Surplus margin
Surplus as a share of revenue
-2.1% 2.5%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2024 $104.6M $106.9M $76.0M 85.9% 605
2023 $96.1M $94.7M $77.7M 85.6% 558
2022 $91.7M $89.1M $71.0M 86.0% 546
2021 $95.6M $80.2M N/A 508
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Organization Details
EIN
41-0745522
State
MN
City
AITKIN
ZIP
56431-1865
Classification
E220
Category
Health Care
Rating
3★
Coverage
A
Last Updated
Aug 2026
Form 990
On File
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