Mark Twain Medical Center

Analysis

Mark Twain Medical Center is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in June 1988, 38 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, Mark Twain Medical Center reported income of $79.1m and spending of $80.7m, spending 102% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $68.6m to $79.1m (+15%), an average of +3.6% 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, Mark Twain Medical Center sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within AZ. Charities of a similar size with the same main cause include Maryland Emergency Medicine Network ($78.9m), Mountain View Cancer Associates Inc ($79.2m) and Kings Daughters Medical Specialties Inc ($78.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 1.6% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $1.1m (1.4% of expenses). Other salaries and wages came to $34.6m. At year end it held assets of $60.6m against liabilities of $13.5m, net assets of $47.1m. It reported 496 employees.

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.