Hayward Sisters Hospital

Analysis

Hayward Sisters Hospital is a registered charity in United States, based in Hayward, CA. It received its IRS tax-exemption ruling in June 2005, 21 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 September 2023, Hayward Sisters Hospital reported income of $121.1m and spending of $130.0m, spending 107% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income fell from $136.6m to $121.1m (-11%), an average of -3.0% a year. Over the whole period it spent 103% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Hayward Sisters Hospital sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within CA. Charities of a similar size with the same main cause include Saint Joseph Regional Medical Center Inc ($121.1m), Shelby County Memorial Hospital Association Inc ($121.2m) and Salud Family Health ($121.1m).

On its Form 990 for the period ending September 2023, revenue came from program service revenue 80% of the total. Compensation of current officers, directors and key employees was $770k (0.6% of expenses). Other salaries and wages came to $66.0m. At year end it held assets of $59.8m against liabilities of $60.1m, net assets of -$240k. It reported 848 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.