Hacienda Inc
Analysis
Hacienda Inc is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in March 1971, 55 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending June 2023, Hacienda Inc reported income of $23.5m and spending of $22.6m, spending 96% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $19.9m to $23.5m (+18%), an average of +4.2% a year. The sharpest change came in the year to June 2020, when income rose by 47%. Over the whole period it spent 92% of the income it received.
Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Hacienda Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within AZ. Charities of a similar size with the same main cause include Spectrum Medical Care Center ($23.5m), Sisters of St Mary of Oregon Maryville Corporation ($23.5m) and Pine Medical Center ($23.4m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 9.2% and program service revenue 88% of the total. Compensation of current officers, directors and key employees was $473k (2.1% of expenses). Other salaries and wages came to $14.7m. At year end it held assets of $14.9m against liabilities of $5.6m, net assets of $9.2m. It reported 499 employees.
Income and spending
Where the income comes from
- Contributions & grants 9.2%
- Program services 88%
- Other 2.3%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Spectrum Medical Care Center | Phoenix | $23.5m |
| Sisters of St Mary of Oregon Maryville Corporation | Beaverton | $23.5m |
| Pine Medical Center | Sandstone | $23.4m |
| Gundersen Lutheran Medical Foundation Inc | LA Crosse | $23.5m |