Holy Rosary Healthcare

Analysis

Holy Rosary Healthcare is a registered charity in United States, based in Salt Lake Cty, UT. It received its IRS tax-exemption ruling in August 1942, 84 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, Holy Rosary Healthcare reported income of $91.8m and spending of $77.0m, spending 84% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $61.6m to $91.8m (+49%), an average of +10% a year. The sharpest change came in the year to December 2023, when income rose by 25%. Over the whole period it spent 87% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Holy Rosary Healthcare sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 100th percentile within UT. Charities of a similar size with the same main cause include International Community Health Services ($91.8m), Cherry Street Services Inc ($91.9m) and Mosaic Medical Center - Maryville ($91.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.4% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $1.6m (2.1% of expenses). Other salaries and wages came to $22.9m. At year end it held assets of $102.8m against liabilities of $7.4m, net assets of $95.4m. It reported 383 employees.