SOUTHEAST IOWA REGIONAL MEDICAL CENTER INC
1221 S GEAR AVE, W BURLINGTON, IA · IRS data through FY2025
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2025 | $457,005,767 | $455,866,170 | $178,528,780 |
| FY2024 | $438,248,210 | $422,817,322 | $177,296,133 |
| FY2023 | $361,654,937 | $380,420,311 | $161,768,594 |
| FY2022 | $370,717,276 | $516,694,156 | $181,368,252 |
| FY2021 | $297,587,965 | $226,719,623 | $335,691,453 |
| FY2020 | $232,366,772 | $229,637,205 | $259,585,934 |
| FY2019 | $196,509,448 | $199,975,126 | $252,558,061 |
| FY2018 | $182,068,842 | $177,838,527 | $252,695,597 |
| FY2017 | $189,124,129 | $180,606,444 | $263,033,845 |
| FY2016 | $184,973,552 | $175,222,130 | $248,962,230 |
| FY2015 | $176,974,976 | $167,705,027 | $263,045,753 |
| FY2014 | $162,330,323 | $162,362,602 | $257,535,191 |
| FY2013 | $165,595,802 | $160,476,869 | $251,543,963 |
| FY2012 | $172,170,006 | $160,011,089 | $241,267,741 |
Where the revenue came from
| Source | Amount | % of revenue |
|---|---|---|
| Contributions & grants | $27,514,228 | 6% |
| Program service revenue | $427,524,037 | 94% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $431,844,768 | 95% |
| Management & general | $24,021,402 | 5% |
| Fundraising | $0 | 0% |
What the numbers show
- Program service revenue made up 94% of total revenue in FY2025.
- Program services accounted for 95% of functional expenses, management & general 5%, and fundraising 0%.
- 95% of functional expenses went to program services in FY2025. That is higher than 86.8% of 68 Health Care organizations in IA.
- Net assets covered about 4.7 months of expenses at the end of the reporting year. That puts it in the 20th percentile among 268 Health Care organizations in IA.
- Total revenue was higher than 97.8% of 273 Health Care organizations in IA.
- Total revenue rose from $172,170,006 in FY2012 to $457,005,767 in FY2025, Revenue increased in 9 and decreased in 4 of 13 year-over-year comparisons.
- Expenses exceeded revenue in 4 of 14 reported years (FY2014, FY2019, FY2022, FY2023).
- Net assets declined from $241,267,741 to $178,528,780 between FY2012 and FY2025.
- Contributions and grants made up 1% of revenue in FY2012 and 6% in FY2025.
- 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
IMPROVING THE REGION'S HEALTH BY PROVIDING HIGH-QUALITY HEALTH CARE.
IRS status
| Ruling year | 1922 |
| Subsection | 501(c)(3) |
| Classification | Public charity |
| Program area (NTEE) | E220 — Health Care (in IA) |
| 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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