Crawley Memorial Hospital Inc

Analysis

Crawley Memorial Hospital Inc is a registered charity in United States, based in Plano, TX. It received its IRS tax-exemption ruling in February 2015, 11 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, Crawley Memorial Hospital Inc reported income of $365k and spending of $1.1m, spending 301% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $10.8m to $365k (-97%), an average of -57% a year. The sharpest change came in the year to June 2023, when income dropped by 93%. Over the whole period it spent 114% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Crawley Memorial Hospital Inc sits at the 50th percentile: it is larger than about 50% of them. Against every charity in United States with reported income it ranks in the 65th percentile, and in the 70th percentile within TX. Charities of a similar size with the same main cause include Hamblen County Substance Abuse Coalition ($365k), Concordia Hospital Foundation ($365k) and Columbia Basin Cancer Foundation ($365k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 94% of the total. At year end it held assets of $3.0m against liabilities of $15.6m, net assets of -$12.6m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.