Alegent Health-Memorial Hospital Schuyler

Analysis

Alegent Health-Memorial Hospital Schuyler is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in March 1956, 70 years ago. 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, Alegent Health-Memorial Hospital Schuyler reported income of $16.2m and spending of $14.6m, spending 90% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $11.4m to $16.2m (+42%), an average of +9.1% a year. The sharpest change came in the year to June 2022, when income rose by 17%. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Alegent Health-Memorial Hospital Schuyler sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 96th percentile within AZ. Charities of a similar size with the same main cause include United Way of Greater Richmond ($16.2m), Community Services Office of Hot Springs and Garland County Arkansa ($16.2m) and Navigator Academy of Leadership Inc ($16.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 6.5% and program service revenue 92% of the total. Compensation of current officers, directors and key employees was $268k (1.8% of expenses). Other salaries and wages came to $5.8m. At year end it held assets of $19.1m against liabilities of $2.1m, net assets of $17.0m. It reported 126 employees.