Illinois · Nonprofit
HILLSBORO AREA HOSPITAL INC
HILLSBORO AREA HOSPITAL INC (Illinois) receives grants from 3 organizations whose IRS filings report $861,218 to it, the largest being THE ILLINOIS CRITICAL ACCESS HOSPITAL NETWORK ($521,218). 3 of them have funded it in more than one year.
- Revenue FY2025
- $58M
- Funders on record
- 3
- Grants received
- $861k
- Net assets
- $64M
What Hillsboro Area Hospital Inc does
Mission
To positively affect the health and welfare of the communities we serve through the operation of a hospital (inpatient, swing bed and outpatient) and an assisted living facility.
As stated on its FY2025 Form 990.
Program
Operation of a 25-bed critical access hospital (inpatient, swing bed and outpatient) with an assisted living facility. 900 acute days, 656 swing bed days, 23,467 outpatient visits and 13,101 assisted living resident days provided in fy 2025. Hillsboro area hospital also provided $115,632 in charity care and $1,087,642 in other community benefits at cost, not including bad debt. The hospital's physician clinic obtained rural health clinic designation during the current tax year.
$39,665,542 spent$53,261,571 earned by the program100% of program spending
The program described on its FY2024 Form 990. Program spending in total: $39,665,542.
The organization over time
Each line starts at 100 in 2017, so what you read is the shape rather than the size: 150 means half as much again as 2017, 50 means half. The number beside each label in the key is where it ended. The shaded band is where the middle 50% of its peers' revenue would sit, given their growth.
Balance sheet
Total assets and total liabilities at each year end, in dollars. The largest one-year move in total assets was 2019 to 2020, from $41M to $54M (+30%).
How it's funded, over time
Each bar is one year's revenue split into where it came from, and every bar is the same height — these are shares, not amounts, so a year that raised twice as much looks the same size. Hover a bar for the split.
Government-grant reliance: 2017 1% · 2018 0% · 2019 0% · 2020 10% · 2021 8% · 2022 2% · 2023 0% · 2024 0% · 2025 5%. Grants only. Government contracts and fees sit inside program revenue.
5% of HILLSBORO AREA HOSPITAL INC’s revenue is contributions — about as donation-reliant as the typical peer (7% for the typical peer).
Surplus & reserves
Operating surplus or deficit each year, and months of liquidity in hand. 0 of the last 9 reported years ran a deficit.
reserve
Leadership and staff
The officers, directors, trustees and key employees listed on each return. Joined and no longer listed compare each filing with the year before, matching people by surname and first initial; a year after a gap, or a roster under three people, has no comparison.
Chief executive
Mike Alexander
President & CEO
Board chair
Earl Flack
Chairman
As listed on its FY2025 Form 990.
Who funds it, year by year
2017 → 2023: the base held at 2 funders, grant income rose $21k → $170k.
Left out of every figure on this page: $27k from one payer (the payer shares this organization's board, largest Hillsboro Area Health Foundation). These are real filings, and they are not money HILLSBORO AREA HOSPITAL INC raised.
From the IRS filings of HILLSBORO AREA HOSPITAL INC’s funders (the co-funder graph). Association, not causation. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
How concentrated its funding is
HILLSBORO AREA HOSPITAL INC leans on a few funders — its largest provides 61% of grant income and the top three 100%; half comes from just 1 funder.
the vertical line marks half of all grant income — 1 funder to its left
65% of the income these shares are computed over arrives through pass-through sponsors or from payers whose filings do not say what kind of payment it is. Concentration is still measured over all of it, because the money is real; what it does not support is a claim about how many institutions have chosen to fund HILLSBORO AREA HOSPITAL INC.
Largest funder’s share by year: 2017 100% · 2018 71% · 2019 72% · 2020 95% · 2021 64% · 2022 100% · 2023 88% — diversifying over time.
“Effective funders” = inverse Herfindahl index (1 / Σ shareᵢ²) — the number of equal-sized funders that would give the same concentration. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Where its funders are
100% of HILLSBORO AREA HOSPITAL INC's grant income comes from Illinois funders.
In-state vs out-of-state, by year
Funder states come from each funder’s own filing. Trends are read to FY2023, the last fiscal year that has finished arriving. FY2024–FY2026 are still being filed and are shown unshaded; they do not move any figure on this page.
Against its field
HILLSBORO AREA HOSPITAL INC runs a healthier operating margin than three-quarters of the 2,843 health nonprofits its size.
this organization peer median middle 50% of peers· 2,843 health nonprofits $10M–$100M, FY2025
Organizations like HILLSBORO AREA HOSPITAL INC
Organizations whose mission and program text most resemble this one, by semantic similarity over every organization in the US filings — the closest peers, and often the clearest route to shared or prospective funders.
In Illinois
Nationally
Read directly from this organization’s own Form 990, as neutral context.
Where the money goes
83% of spending goes to programs.
Governance
Footprint & structure
Files a return copy in 1 state
Part of a family of 3 related entities
- Hillsboro Area Health System Nfp · exempt
- Hillsboro Area Health Foundation · exempt
- Hillsboro Area Health Services Inc · exempt
Screen this organization
A dated, signed PDF of the compliance screen for HILLSBORO AREA HOSPITAL INC: IRS status (Business Master File, Publication 78, auto-revocation), the OFAC sanctions lists, the Internal Revenue Bulletin, and California registration, with the Rev. Proc. 2018-32 §8.01 reliance elements stated element by element. Generated from the current files at the moment you download it.
Screens are triage, not determinations; a source that cannot be read reports not screened, never clear. Screen this nonprofit · How the screen works · on the API as GET /api/screening/{ein}?format=pdf
Questions and answers
- Who funds HILLSBORO AREA HOSPITAL INC?
- HILLSBORO AREA HOSPITAL INC (Illinois) receives grants from 3 organizations whose IRS filings report $861,218 to it, the largest being THE ILLINOIS CRITICAL ACCESS HOSPITAL NETWORK ($521,218). 3 of them have funded it in more than one year.
- How many funders does HILLSBORO AREA HOSPITAL INC have?
- IRS filings report 3 organizations giving $861,218 in grants to HILLSBORO AREA HOSPITAL INC, 3 of which have funded it in more than one year.
- Who is the largest funder of HILLSBORO AREA HOSPITAL INC?
- THE ILLINOIS CRITICAL ACCESS HOSPITAL NETWORK is the largest funder on record, with $521,218 in grants. The full list of funders is on this page.
- How can an organization like HILLSBORO AREA HOSPITAL INC find more funders?
- Start with the funders already giving here, then look at the foundations that back similar organizations in Illinois. The funding by cause and by state pages list the largest funders for a given area and how to approach them.
These figures are read directly from IRS Form 990 / 990-PF e-file XML: this organization’s own return for FY2025 (financials across 2017–2025), and the filings of 3 funders that report grants to it. “On record” means captured in the filings we have parsed — a funder that does not e-file, or whose grant detail is not itemized, will not appear. Filings run roughly 12–24 months behind. Trends on this page end at FY2023, the last fiscal year that has finished arriving; later years are shown and marked, and move no figure. Data on this page was exported October 14, 2026. What this page cannot tell you · view filing