RIVERSIDE MEDICAL CENTER
350 N WALL ST, KANKAKEE, IL · IRS data through FY2024
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2024 | $528,776,786 | $465,783,470 | $593,656,174 |
| FY2023 | $457,510,290 | $425,410,720 | $546,266,245 |
| FY2022 | $404,264,598 | $414,049,817 | $488,961,381 |
| FY2021 | $469,564,984 | $397,237,867 | $546,086,907 |
| FY2020 | $405,401,988 | $370,385,405 | $498,052,536 |
| FY2019 | $396,064,913 | $366,365,097 | $478,188,239 |
| FY2018 | $370,768,253 | $343,060,861 | $426,284,988 |
| FY2017 | $355,556,936 | $322,568,487 | $426,404,172 |
| FY2016 | $318,573,352 | $294,868,894 | $382,642,760 |
| FY2015 | $311,512,349 | $281,441,588 | $352,610,530 |
| FY2014 | $279,125,448 | $255,126,228 | $339,911,822 |
| FY2013 | $277,462,597 | $246,434,155 | $317,977,138 |
| FY2012 | $252,831,653 | $232,509,923 | $278,441,923 |
| FY2011 | $251,949,337 | $230,889,122 | $246,941,832 |
Where the revenue came from
| Source | Amount | % of revenue |
|---|---|---|
| Contributions & grants | $1,124,443 | 0% |
| Program service revenue | $459,739,758 | 100% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $442,238,388 | 95% |
| Management & general | $23,545,082 | 5% |
| Fundraising | $0 | 0% |
What the numbers show
- Program service revenue made up 100% of total revenue in FY2024.
- Program services accounted for 95% of functional expenses, management & general 5%, and fundraising 0%.
- 95% of functional expenses went to program services in FY2024. That is higher than 87.2% of 188 Health Care organizations in IL.
- Net assets covered about 15.3 months of expenses at the end of the reporting year. That puts it in the 53rd percentile among 691 Health Care organizations in IL.
- Total revenue was higher than 96.9% of 709 Health Care organizations in IL.
- Total revenue rose from $251,949,337 in FY2011 to $528,776,786 in FY2024, Revenue increased in 12 and decreased in 1 of 13 year-over-year comparisons.
- Expenses exceeded revenue in 1 of 14 reported years (FY2022).
- Net assets grew from $246,941,832 to $593,656,174 between FY2011 and FY2024.
- Donations are generally tax-deductible (public charity).
Figures compared against other organizations of the same NTEE program area in the same state. See the methodology page for how these are calculated and the guide to reading nonprofit financials for their limits.
About this organization
TO MEET THE HEALTH CARE NEEDS OF OUR COMMUNITY, BY PROVIDING A COMPREHENSIVE ARRAY OF HIGH VALUE & QUALITY SERVICES IN A CARING & EFFECTIVE MANNER.
IRS status
| Ruling year | 1965 |
| Subsection | 501(c)(3) |
| Classification | Public charity |
| Program area (NTEE) | E220 — Health Care (in IL) |
| Donations | Donations are generally tax-deductible (public charity). |
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Source: Internal Revenue Service — Exempt Organizations Business Master File (downloaded September 20, 2026), Statistics of Income extracts, Form 990 e-file data, Publication 78 and the Automatic Revocation list. Figures are as reported by the organization; IRS processing may adjust them. This is not a charity rating and not tax advice. Confirm deductibility in IRS Tax Exempt Organization Search.
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