Scottsdale Healthcare Corp

Analysis

Scottsdale Healthcare Corp is a registered charity in United States, based in Scottsdale, AZ. It received its IRS tax-exemption ruling in July 1981, 45 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Scottsdale Healthcare Corp reported income of $262.0m and spending of $352.1m, spending 134% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.4m to $262.0m (+7634%), an average of +197% a year. The sharpest change came in the year to December 2020, when income rose by 2615%. Over the whole period it spent 132% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Scottsdale Healthcare Corp 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 Atrium Medical Center ($262.0m), Canton-Potsdam Hospital ($262.4m) and Baptist Memorial Hospital - Jonesboro Inc ($261.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.0% and program service revenue 97% of the total. Other salaries and wages came to $163.5m. At year end it held assets of $109.9m against liabilities of $352.5m, net assets of -$242.7m.

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.