Benson Hospital Corporation

Analysis

Benson Hospital Corporation is a registered charity in United States, based in Benson, AZ. It received its IRS tax-exemption ruling in January 1963, 63 years ago. 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 December 2023, Benson Hospital Corporation reported income of $28.4m and spending of $26.5m, spending 93% of its income. Across the 6 years on record, from June 2019 to December 2023, income grew from $17.6m to $28.4m (+62%), an average of +10% a year. The sharpest change came in the year to December 2020, when income rose by 172%. Over the whole period it spent 85% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Benson Hospital Corporation sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 97th percentile within AZ. Charities of a similar size with the same main cause include Nebraska Methodist College of Nursing and Allied Health ($28.4m), National Womens Law Center ($28.4m) and Warden & Scholars of New College Oxford ($28.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 3.5% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $646k (2.4% of expenses). Other salaries and wages came to $11.3m. At year end it held assets of $28.4m against liabilities of $4.0m, net assets of $24.4m. It reported 231 employees.