Parmer County Community Hospital Inc

Analysis

Parmer County Community Hospital Inc is a registered charity in United States, based in Friona, TX. It received its IRS tax-exemption ruling in May 1956, 70 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 September 2023, Parmer County Community Hospital Inc reported income of $12.7m and spending of $12.9m, spending 102% of its income. Across the 5 years on record, from September 2019 to September 2023, income grew from $12.0m to $12.7m (+5.6%), an average of +1.4% a year. The sharpest change came in the year to September 2021, when income rose by 45%. Over the whole period it spent 94% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Parmer County Community Hospital Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within TX. Charities of a similar size with the same main cause include Henry County Health Care Authority ($12.7m), Deutsche Stiftung Weltbevoelkerung ($12.7m) and Hopewell ($12.7m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 11% and program service revenue 88% of the total. Other salaries and wages came to $4.8m. At year end it held assets of $13.9m against liabilities of $560k, net assets of $13.3m. It reported 138 employees.