Kingman Healthcare Inc

Analysis

Kingman Healthcare Inc is a registered charity in United States, based in Kingman, AZ. It received its IRS tax-exemption ruling in December 1983, 43 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, Kingman Healthcare Inc reported income of $397.7m and spending of $391.4m, spending 98% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $338.5m to $397.7m (+17%), an average of +4.1% a year. The sharpest change came in the year to June 2021, when income rose by 20%. Over the whole period it spent 97% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Kingman Healthcare Inc 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 AZ. Charities of a similar size with the same main cause include Oroville Hospital ($397.7m), Texas Scottish Rite Hospital for Children ($398.5m) and Oneblood Inc ($397.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 1.4% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $1.8m (0.5% of expenses). Other salaries and wages came to $149.4m. At year end it held assets of $414.1m against liabilities of $97.8m, net assets of $316.3m. It reported 2,528 employees.