Oakes Community Hospital

Analysis

Oakes Community Hospital is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in June 1941, 85 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Oakes Community Hospital reported income of $11.5m and spending of $11.7m, spending 102% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $11.2m to $11.5m (+3.2%), an average of +0.8% a year. Over the whole period it spent 101% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Oakes Community Hospital sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 94th percentile within AZ. Charities of a similar size with the same main cause include Planned Parenthood Greater Memphis Region Inc ($11.5m), Jefferson Comprehensive Health Center Inc ($11.5m) and Newbridge Services Inc ($11.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.7% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $54k (0.5% of expenses). Other salaries and wages came to $4.0m. At year end it held assets of $18.0m against liabilities of $10.8m, net assets of $7.2m. It reported 82 employees.