Ryder Memorial Hospital Inc

Analysis

Ryder Memorial Hospital Inc is a registered charity in United States, based in Humacao, PR. It received its IRS tax-exemption ruling in June 1969, 57 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 December 2022, Ryder Memorial Hospital Inc reported income of $50.1m and spending of $52.2m, spending 104% of its income. Across the 4 years on record, from December 2019 to December 2022, income grew from $44.3m to $50.1m (+13%), an average of +4.2% a year. Over the whole period it spent 103% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Ryder Memorial Hospital Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 97th percentile within PR. Charities of a similar size with the same main cause include Providence Health & Services Foundation ($50.1m), Cook Childrens Medical Center - Prosper ($50.1m) and Moses Lake Community Health Center ($50.0m).

On its Form 990 for the period ending December 2022, revenue came from program service revenue 101% of the total. Compensation of current officers, directors and key employees was $480k (0.9% of expenses). At year end it held assets of $29.8m against liabilities of $22.3m, net assets of $7.5m. It reported 507 employees.