Wray Community District Hospital

Analysis

Wray Community District Hospital is a registered charity in United States, based in Wray, CO. It received its IRS tax-exemption ruling in January 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 publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Wray Community District Hospital reported income of $6.7m and spending of $5.9m, spending 88% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $5.5m to $6.7m (+20%), an average of +4.7% a year. The sharpest change came in the year to December 2023, when income rose by 34%. Over the whole period it spent 100% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Wray Community District Hospital sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 94th percentile within CO. Charities of a similar size with the same main cause include Plymouth Community Ambulance Assn ($6.7m), Northwest Home for the Aged ($6.7m) and Proteogenomics Research Institute for Systems Medicine ($6.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 24% and program service revenue 75% of the total. Other salaries and wages came to $3.1m. At year end it held assets of $5.3m against liabilities of $2.4m, net assets of $2.9m. It reported 117 employees.