The American British Cowdray Medical Center Institucion de Asis

Analysis

The American British Cowdray Medical Center Institucion de Asis is a registered charity in United States, based in Mexico. It received its IRS tax-exemption ruling in September 1963, 63 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3).

In the financial year ending December 2023, The American British Cowdray Medical Center Institucion de Asis reported income of $302.8m and spending of $292.7m, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $209.1m to $302.8m (+45%), an average of +9.7% a year. The sharpest change came in the year to December 2023, when income rose by 28%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, The American British Cowdray Medical Center Institucion de Asis sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 100th percentile. Charities of a similar size with the same main cause include Goodwill of Central and Northern Arizona ($300.8m), St Vincent Medical Group Inc ($303.3m) and Leesar Inc ($299.7m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 69% of the total. Compensation of current officers, directors and key employees was $24.9m (8.5% of expenses). Other salaries and wages came to $54.8m. At year end it held assets of $376.6m against liabilities of $137.5m, net assets of $239.1m. It reported 3,531 employees.