Flagstaff Medical Center

Analysis

Flagstaff Medical Center is a registered charity in United States, based in Flagstaff, AZ. It received its IRS tax-exemption ruling in February 1995, 31 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Flagstaff Medical Center reported income of $546.2m and spending of $484.1m, spending 89% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $489.3m to $546.2m (+12%), an average of +2.8% a year. Over the whole period it spent 86% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Flagstaff Medical Center 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 AZ. Charities of a similar size with the same main cause include St Dominic-Jackson Memorial Hospital ($545.6m), West Kendall Baptist Hospital Inc ($551.2m) and Martins Point Health Care Inc ($545.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 3.9% and program service revenue 89% of the total. Compensation of current officers, directors and key employees was $1.1m (0.2% of expenses). Other salaries and wages came to $170.9m. At year end it held assets of $859.9m against liabilities of $154.4m, net assets of $705.5m.