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Bhmc-Conway

Registered · see notesEIN 46-1629800Little Rock, ARHealth and saving lives
Income$105.5m2023-12
Spending$108.0msame year
Spent / received109%5-year average
Size in its cause95th pctHealth and saving lives
Exempt since2016Hospital or medical research
Employees587latest return

Analysis

Bhmc-Conway is a registered charity in United States, based in Little Rock, AR. It received its IRS tax-exemption ruling in August 2016, 10 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 December 2023, Bhmc-Conway reported income of $105.5m and spending of $108.0m, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $74.7m to $105.5m (+41%), an average of +9.0% a year. Over the whole period it spent 109% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Bhmc-Conway sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within AR. Charities of a similar size with the same main cause include Mariners Hospital Inc ($105.1m), Positive Impact Health Centers Inc ($106.0m) and Alice Peck Day Memorial Hospital ($105.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 5.8% and program service revenue 93% of the total. Other salaries and wages came to $29.6m. At year end it held assets of $131.1m against liabilities of $212.6m, net assets of -$81.5m. It reported 587 employees.

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.

Income and spending

$0$27.3m$54.7m$82.0m$109.4m2019 Income: $74,661,4652019 Spending: $89,625,56920192020 Income: $84,708,7872020 Spending: $91,248,64120202021 Income: $94,715,3512021 Spending: $103,851,62220212022 Income: $100,881,5742022 Spending: $109,353,30320222023 Income: $105,483,7252023 Spending: $108,020,3592023
IncomeSpending

Where the income comes from

  • Contributions & grants 5.8%
  • Program services 93%
  • Other 0.9%

Similar-sized charities, same cause

CharityLocationIncome
Mariners Hospital IncTavernier$105.1m
Positive Impact Health Centers IncAtlanta$106.0m
Alice Peck Day Memorial HospitalLebanon$105.0m
Methodist Healthcare-Olive Branch HospitalMemphis$106.1m