Cibola General Hospital Corporation

Analysis

Cibola General Hospital Corporation is a registered charity in United States, based in Grants, NM. It received its IRS tax-exemption ruling in October 1964, 62 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, Cibola General Hospital Corporation reported income of $47.5m and spending of $50.3m, spending 106% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $29.3m to $47.5m (+62%), an average of +13% a year. The sharpest change came in the year to June 2021, when income rose by 29%. Over the whole period it spent 102% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Cibola General Hospital Corporation sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within NM. Charities of a similar size with the same main cause include Michigan Health Information Technology Network Shared Service ($47.4m), C2c Innovative Solutions Inc ($47.5m) and Partners in Recovery LLC ($47.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.6% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $798k (1.6% of expenses). Other salaries and wages came to $22.1m. At year end it held assets of $39.6m against liabilities of $8.6m, net assets of $31.0m. It reported 325 employees.