Bernalillo Coutny Health Care Corp

Analysis

Bernalillo Coutny Health Care Corp is a registered charity in United States, based in Albuquerque, NM. It received its IRS tax-exemption ruling in November 1973, 53 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Bernalillo Coutny Health Care Corp reported income of $36.8m and spending of $39.3m, spending 107% of what it took in. Across the 6 years on record, from December 2018 to December 2023, income grew from $33.6m to $36.8m (+9.4%), an average of +1.8% a year. Over the whole period it spent 105% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Bernalillo Coutny Health Care Corp sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 99th percentile within NM. Charities of a similar size with the same main cause include A Very Special Place Inc ($36.8m), Signal Centers Inc ($36.8m) and National Elevator Industry Educational Program ($36.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.5% and program service revenue 98% of the total. Other salaries and wages came to $18.9m. At year end it held assets of $17.5m against liabilities of $14.7m, net assets of $2.8m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.