Artesia General Hospital

Analysis

Artesia General Hospital is a registered charity in United States, based in Artesia, NM. It received its IRS tax-exemption ruling in March 2000, 26 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, Artesia General Hospital reported income of $73.6m and spending of $74.0m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $67.6m to $73.6m (+9.0%), an average of +2.2% a year. The sharpest change came in the year to June 2020, when income rose by 16%. Over the whole period it spent 99% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Artesia General Hospital 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 100th percentile within NM. Charities of a similar size with the same main cause include Petaluma Health Center ($73.5m), Medstar Inc ($73.7m) and Riverside-San Bernardino County Indian Health Inc ($73.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 11% and program service revenue 86% of the total. Compensation of current officers, directors and key employees was $2.4m (3.2% of expenses). Other salaries and wages came to $29.7m. At year end it held assets of $73.6m against liabilities of $14.7m, net assets of $58.9m. It reported 544 employees.