Alegent Creighton Health

Analysis

Alegent Creighton Health is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in February 1993, 33 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, Alegent Creighton Health reported income of $510.7m and spending of $500.3m, spending 98% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $599.1m to $510.7m (-15%), an average of -3.9% a year. The sharpest change came in the year to June 2021, when income dropped by 17%. Over the whole period it spent 98% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Alegent Creighton Health sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 100th percentile within AZ. Charities of a similar size with the same main cause include Covenant Medical Center ($510.1m), Middlesex Hospital ($512.6m) and Devereux Foundation ($509.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 2.4% and program service revenue 66% of the total. Compensation of current officers, directors and key employees was $5.9m (1.2% of expenses). Other salaries and wages came to $140.9m. At year end it held assets of $962.8m against liabilities of $437.7m, net assets of $525.1m. It reported 3,074 employees.