Washington Regional Medical Center

Analysis

Washington Regional Medical Center is a registered charity in United States, based in Fayetteville, AR. It received its IRS tax-exemption ruling in May 1989, 37 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 2023, Washington Regional Medical Center reported income of $422.2m and spending of $389.2m, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $362.1m to $422.2m (+17%), an average of +3.9% a year. Over the whole period it spent 89% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Washington Regional Medical Center sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 100th percentile within AR. Charities of a similar size with the same main cause include Memorial Health Services ($422.1m), Bronson Healthcare Group Inc ($423.2m) and Community Physicians of Indiana Inc ($420.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.9% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $4.0m (1.0% of expenses). Other salaries and wages came to $146.1m. At year end it held assets of $481.4m against liabilities of $220.6m, net assets of $260.8m. It reported 4,438 employees.