Arkansas Valley Regional Medical Center 07011998

Analysis

Arkansas Valley Regional Medical Center 07011998 is a registered charity in United States, based in LA Junta, CO. It received its IRS tax-exemption ruling in October 1998, 28 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 March 2023, Arkansas Valley Regional Medical Center 07011998 reported income of $37.2m and spending of $38.8m, spending 104% of its income. Across the 5 years on record, from March 2019 to March 2023, income fell from $38.4m to $37.2m (-3.0%), an average of -0.8% a year. The sharpest change came in the year to March 2022, when income rose by 28%. Over the whole period it spent 101% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Arkansas Valley Regional Medical Center 07011998 sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 99th percentile within CO. Charities of a similar size with the same main cause include Border Region MHMR Community Center ($37.2m), Medical Care Development Incorporated ($37.2m) and Delta Health Alliance Inc ($37.2m).

On its Form 990 for the period ending March 2023, revenue came from contributions and grants 0.9% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $1.6m (4.1% of expenses). Other salaries and wages came to $16.6m. At year end it held assets of $29.1m against liabilities of $3.9m, net assets of $25.2m. It reported 352 employees.