Foundation of Yuma Regional Medical Center

Analysis

Foundation of Yuma Regional Medical Center is a registered charity in United States, based in Yuma, AZ. It received its IRS tax-exemption ruling in February 1976, 50 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Foundation of Yuma Regional Medical Center reported income of $1.7m and spending of $1.2m, leaving 31% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income fell from $1.8m to $1.7m (-2.6%), an average of -0.7% a year. The sharpest change came in the year to September 2023, when income dropped by 60%. Over the whole period it spent 39% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Foundation of Yuma Regional Medical Center sits at the 70th percentile: it is larger than about 70% of them. Against every charity in United States with reported income it ranks in the 85th percentile, and in the 82nd percentile within AZ. Charities of a similar size with the same main cause include Dubuque Mercy Health Foundation ($1.7m), Childrens Health Home of Wny Inc ($1.7m) and Chesapeake General Hospital Healthcare Foundation ($1.7m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 45% of the total. Compensation of current officers, directors and key employees was $109k (9.3% of expenses). Other salaries and wages came to $82k. At year end it held assets of $20.4m against liabilities of $6,762, net assets of $20.4m. It reported 3 employees.