Hospital Menonita Guayama Inc

Analysis

Hospital Menonita Guayama Inc is a registered charity in United States, based in Guayama, PR. It received its IRS tax-exemption ruling in August 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 Guayama Inc reported income of $93.5m and spending of $59.0m, leaving 37% of income unspent that year. Across the 2 years on record, from March 2022 to March 2023, income grew from $86.6m to $93.5m (+8.0%), an average of +8.0% a year. Over the whole period it spent 62% 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 Guayama Inc sits at the 95th percentile: it is larger than about 95% 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 Oneohio Recovery Foundation ($93.4m), Advocate Aurora Health Inc ($93.6m) and Oconto Hospital & Medical Center Inc ($93.3m).

On its Form 990 for the period ending March 2023, revenue came from program service revenue 78% of the total. Compensation of current officers, directors and key employees was $1.2m (2.0% of expenses). Other salaries and wages came to $11.8m. At year end it held assets of $185.8m against liabilities of $35.0m, net assets of $150.8m. It reported 424 employees.