Parkview Medical Center Inc

Analysis

Parkview Medical Center Inc is a registered charity in United States, based in Pueblo, CO. It received its IRS tax-exemption ruling in March 1984, 42 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, Parkview Medical Center Inc reported income of $537.3m and spending of $552.5m, spending 103% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $524.7m to $537.3m (+2.4%), an average of +0.6% a year. Over the whole period it spent 99% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Parkview Medical Center Inc sits at the 99th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 100th percentile within CO. Charities of a similar size with the same main cause include Virtua Health Inc ($537.1m), Umsj Health System LLC ($537.5m) and Greenwich Hospital ($536.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.0% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $2.4m (0.4% of expenses). Other salaries and wages came to $204.3m. At year end it held assets of $640.1m against liabilities of $306.5m, net assets of $333.6m. It reported 3,532 employees.