Hospital Auxiliary of the Los Alamos Medical Center Inc

Analysis

Hospital Auxiliary of the Los Alamos Medical Center Inc is a registered charity in United States, based in Los Alamos, NM. It received its IRS tax-exemption ruling in May 1968, 58 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending May 2024, Hospital Auxiliary of the Los Alamos Medical Center Inc reported income of $145k and spending of $136k, spending 94% of its income. Across the 5 years on record, from May 2019 to May 2024, income grew from $90k to $145k (+61%), an average of +13% a year. The sharpest change came in the year to May 2022, when income rose by 215%. Over the whole period it spent 60% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Hospital Auxiliary of the Los Alamos Medical Center Inc sits at the 45th percentile: it is larger than about 45% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 42nd percentile within NM. Charities of a similar size with the same main cause include Habitat for Humanity International Inc ($145k), Washington State Department of Transportation Memorial Foundation ($145k) and United Way of Logan County ($145k).

On its Form 990 for the period ending May 2024, revenue came from contributions and grants 0.0% and program service revenue 0.1% of the total. Other salaries and wages came to $8,116. At year end it held assets of $1.5m against liabilities of $1.0m, net assets of $476k.