Longmont United Hospital

Analysis

Longmont United Hospital is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in June 1963, 63 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, Longmont United Hospital reported income of $98.6m and spending of $122.6m, spending 124% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $160.7m to $98.6m (-39%), an average of -12% a year. The sharpest change came in the year to June 2023, when income dropped by 22%. Over the whole period it spent 104% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Longmont United Hospital 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 99th percentile within AZ. Charities of a similar size with the same main cause include Beacon Medical Group Michigan Inc ($98.5m), Northbay Healthcare Corporation ($98.7m) and Garnet Health Medical Center Catskills ($98.5m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 98% of the total. Other salaries and wages came to $37.0m. At year end it held assets of $189.3m against liabilities of $98.1m, net assets of $91.2m.