Hanford Community Hospital

Analysis

Hanford Community Hospital is a registered charity in United States, based in Roseville, CA. It received its IRS tax-exemption ruling in September 1996, 30 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 December 2023, Hanford Community Hospital reported income of $447.4m and spending of $388.7m, spending 87% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $344.3m to $447.4m (+30%), an average of +6.8% a year. The sharpest change came in the year to December 2021, when income rose by 22%. Over the whole period it spent 89% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Hanford Community Hospital 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 100th percentile, and in the 100th percentile within CA. Charities of a similar size with the same main cause include West Virginia United Health System Inc ($446.5m), Tanner Medical Center Inc ($448.5m) and Bozeman Health Deaconess Hospital ($446.4m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 3.0% and program service revenue 88% of the total. Other salaries and wages came to $122.7m. At year end it held assets of $806.4m against liabilities of $320.7m, net assets of $485.7m. It reported 2,160 employees.