Cheyenne Regional Medical Center Foundation

Analysis

Cheyenne Regional Medical Center Foundation is a registered charity in United States, based in Cheyenne, WY. It received its IRS tax-exemption ruling in April 1980, 46 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 December 2023, Cheyenne Regional Medical Center Foundation reported income of $3.8m and spending of $3.9m, spending 103% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.6m to $3.8m (+131%), an average of +23% a year. The sharpest change came in the year to December 2023, when income rose by 145%. Over the whole period it spent 98% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Cheyenne Regional Medical Center Foundation sits at the 77th percentile: it is larger than about 77% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 95th percentile within WY. Charities of a similar size with the same main cause include Medical Solutions Ministries Inc ($3.8m), Progress House Inc ($3.8m) and Tennessee Association of Alcohol and Drug Abuse Services Inc ($3.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 69% of the total. At year end it held assets of $23.4m against liabilities of $1.9m, net assets of $21.5m.