Hospital Auxilio Mutuo Inc
Analysis
Hospital Auxilio Mutuo Inc is a registered charity in United States, based in San Juan, PR. It received its IRS tax-exemption ruling in December 1994, 32 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending September 2023, Hospital Auxilio Mutuo Inc reported income of $260.7m and spending of $253.4m, spending 97% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $239.5m to $260.7m (+8.8%), an average of +2.1% a year. 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, Hospital Auxilio Mutuo 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 PR. Charities of a similar size with the same main cause include Family Healthcare Network ($260.7m), Care Initiatives ($261.1m) and The Griffin Hospital ($260.5m).
On its Form 990 for the period ending September 2023, revenue came from program service revenue 95% of the total. Other salaries and wages came to $82.9m. At year end it held assets of $176.1m against liabilities of $98.6m, net assets of $77.4m. It reported 1,950 employees.
Income and spending
Where the income comes from
- Program services 95%
- Other 5.4%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Family Healthcare Network | Visalia | $260.7m |
| Care Initiatives | WDM | $261.1m |
| The Griffin Hospital | Derby | $260.5m |
| Baptist Memorial Hospital - Jonesboro Inc | Memphis | $261.9m |