Bisbee Hospital Association

Analysis

Bisbee Hospital Association is a registered charity in United States, based in Bisbee, AZ. It received its IRS tax-exemption ruling in February 1978, 48 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, Bisbee Hospital Association reported income of $73.2m and spending of $63.0m, spending 86% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $49.7m to $73.2m (+47%), an average of +10% 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, Bisbee Hospital Association sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within AZ. Charities of a similar size with the same main cause include Truth Initiative Foundation ($73.1m), Owensboro Health Twin Lakes Regional Medical Center Inc ($73.3m) and Community Health Resources Inc ($73.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 2.6% and program service revenue 94% of the total. Compensation of current officers, directors and key employees was $1.2m (1.8% of expenses). Other salaries and wages came to $26.0m. At year end it held assets of $92.8m against liabilities of $13.0m, net assets of $79.8m. It reported 493 employees.