Farmers Union Hospital Association

Analysis

Farmers Union Hospital Association is a registered charity in United States, based in Elk City, OK. It received its IRS tax-exemption ruling in August 1990, 36 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, Farmers Union Hospital Association reported income of $52.9m and spending of $59.4m, spending 112% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $57.5m to $52.9m (-8.0%), an average of -2.1% a year. The sharpest change came in the year to June 2023, when income dropped by 20%. Over the whole period it spent 101% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Farmers Union Hospital Association sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within OK. Charities of a similar size with the same main cause include Behavioral Wellness Center at Girard ($52.9m), Eagleville Hospital ($52.9m) and Ecog-Acrin Medical Research Foundation Inc ($52.8m).

On its Form 990 for the period ending June 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 $1.5m (2.5% of expenses). Other salaries and wages came to $18.9m. At year end it held assets of $63.7m against liabilities of $37.3m, net assets of $26.4m. It reported 528 employees.