Northern Arizona Healthcare Corporation

Analysis

Northern Arizona Healthcare Corporation is a registered charity in United States, based in Flagstaff, AZ. It received its IRS tax-exemption ruling in June 1986, 40 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Northern Arizona Healthcare Corporation reported income of $177.4m and spending of $252.8m, spending 143% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $127.4m to $177.4m (+39%), an average of +8.6% a year. The sharpest change came in the year to June 2021, when income rose by 18%. Over the whole period it spent 139% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Northern Arizona Healthcare Corporation sits at the 97th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 99th percentile within AZ. Charities of a similar size with the same main cause include Preferred Family Healthcare Inc ($177.1m), Eastern Maine Healthcare Systems ($177.5m) and Mercy Hospital Ardmore Inc ($176.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.1% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $6.7m (2.6% of expenses). Other salaries and wages came to $118.4m. At year end it held assets of $138.1m against liabilities of $86.6m, net assets of $51.5m. It reported 4,400 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.