Hays Medical Center Inc

Analysis

Hays Medical Center Inc is a registered charity in United States, based in Hays, KS. It received its IRS tax-exemption ruling in October 2001, 25 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, Hays Medical Center Inc reported income of $231.6m and spending of $241.8m, spending 104% of its income. Across the 2 years on record, from June 2022 to June 2023, income fell from $238.7m to $231.6m (-3.0%), an average of -3.0% 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, Hays Medical Center Inc 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 100th percentile, and in the 100th percentile within KS. Charities of a similar size with the same main cause include Warren Clinic Inc ($231.5m), New England Baptist Hospital ($232.4m) and District Medical Group Inc ($231.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.4% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $3.6m (1.5% of expenses). Other salaries and wages came to $93.2m. At year end it held assets of $258.5m against liabilities of $81.2m, net assets of $177.3m. It reported 1,780 employees.