Sierra Nevada Memorial-Miners Hospital

Analysis

Sierra Nevada Memorial-Miners Hospital is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in December 1985, 41 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, Sierra Nevada Memorial-Miners Hospital reported income of $202.6m and spending of $198.7m, spending 98% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $185.8m to $202.6m (+9.0%), an average of +2.2% a year. Over the whole period it spent 98% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Sierra Nevada Memorial-Miners Hospital sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 99th percentile within AZ. Charities of a similar size with the same main cause include Rambam Health Corporation ($202.6m), Ochin Inc ($202.9m) and Upmc ($201.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 2.6% and program service revenue 93% of the total. Compensation of current officers, directors and key employees was $875k (0.4% of expenses). Other salaries and wages came to $80.4m. At year end it held assets of $321.0m against liabilities of $34.2m, net assets of $286.8m. It reported 1,146 employees.