Hospital Menonita Caguas Inc

Analysis

Hospital Menonita Caguas Inc is a registered charity in United States, based in Caguas, PR. It received its IRS tax-exemption ruling in September 2022, 4 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 March 2023, Hospital Menonita Caguas Inc reported income of $118.9m and spending of $106.4m, spending 89% of its income. Across the 2 years on record, from March 2022 to March 2023, income grew from $113.8m to $118.9m (+4.4%), an average of +4.4% a year. Over the whole period it spent 86% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Hospital Menonita Caguas Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within PR. Charities of a similar size with the same main cause include Ehs Inc ($118.8m), Adelante Healthcare Inc ($118.9m) and Family Health Centers of Southwest Florida Inc ($118.5m).

On its Form 990 for the period ending March 2023, revenue came from program service revenue 96% of the total. Compensation of current officers, directors and key employees was $1.3m (1.2% of expenses). Other salaries and wages came to $24.0m. At year end it held assets of $182.3m against liabilities of $68.2m, net assets of $114.1m. It reported 839 employees.