Wyoming Medical Center Inc

Analysis

Wyoming Medical Center Inc is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in October 1991, 35 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, Wyoming Medical Center Inc reported income of $260.0m and spending of $259.0m, spending 100% of its income. Across the 6 years on record, from June 2019 to December 2023, income fell from $310.4m to $260.0m (-16%), an average of -3.5% a year. The sharpest change came in the year to December 2021, when income rose by 80%. Over the whole period it spent 97% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Wyoming Medical Center Inc sits at the 97th percentile: it is larger than about 97% 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 Lifespan Physician Group Inc ($260.0m), Weill Cornell Imaging at New York-Presbyterian ($260.1m) and Conway Regional Medical Center Inc ($259.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.4% and program service revenue 97% of the total. Other salaries and wages came to $76.6m. At year end it held assets of $243.9m against liabilities of $63.3m, net assets of $180.6m.