IVINSON MEMORIAL HOSPITAL
255 N 30TH ST, LARAMIE, WY · IRS data through FY2025
Revenue, expenses and net assets
Revenue Expenses Net assets
| Tax year | Revenue | Expenses | Net assets |
|---|---|---|---|
| FY2025 | $190,552,351 | $144,924,448 | $443,022,760 |
| FY2024 | $161,608,368 | $132,664,931 | $393,119,998 |
| FY2023 | $147,185,037 | $126,708,145 | $342,977,771 |
| FY2022 | $138,697,602 | $114,215,879 | $309,282,160 |
| FY2021 | $131,513,003 | $110,096,079 | $293,015,492 |
| FY2020 | $114,049,023 | $98,179,914 | $242,536,964 |
| FY2019 | $108,993,537 | $96,664,469 | $226,761,874 |
| FY2018 | $255,585,388 | $43,557,475 | $209,771,645 |
| FY2017 | $0 | $0 | $0 |
Where the revenue came from
| Source | Amount | % of revenue |
|---|---|---|
| Contributions & grants | $7,221,296 | 4% |
| Program service revenue | $165,961,723 | 96% |
Where the money was spent
| Category | Amount | % of expenses |
|---|---|---|
| Program services | $122,420,835 | 84% |
| Management & general | $22,172,835 | 15% |
| Fundraising | $330,778 | 0% |
What the numbers show
- Program service revenue made up 96% of total revenue in FY2025.
- Program services accounted for 84% of functional expenses, management & general 15%, and fundraising 0%.
- 84% of functional expenses went to program services in FY2025. That is higher than 44.2% of 4903 Health Care organizations nationwide (too few in WY for a state comparison).
- Net assets covered about 36.7 months of expenses at the end of the reporting year. That puts it in the 70th percentile among 50 Health Care organizations in WY.
- Total revenue was higher than 102% of 50 Health Care organizations in WY.
- Total revenue rose from $0 in FY2017 to $190,552,351 in FY2025, Revenue increased in 7 and decreased in 1 of 8 year-over-year comparisons.
- Revenue covered expenses in each of the 9 reported years, FY2017 to FY2025.
- The highest revenue on record here is $255,585,388 in FY2018.
- Net assets grew from $0 to $443,022,760 between FY2017 and FY2025.
- Donations are generally tax-deductible (public charity).
Figures compared against other organizations of the same NTEE program area in the same state. See the methodology page for how these are calculated and the guide to reading nonprofit financials for their limits.
About this organization
TRUSTED PARTNERS IN WORLD-CLASS HEALTHCARE.
IRS status
| Ruling year | 2017 |
| Subsection | 501(c)(3) |
| Classification | Public charity |
| Program area (NTEE) | E22 — Health Care |
| Donations | Donations are generally tax-deductible (public charity). |
Source: Internal Revenue Service — Exempt Organizations Business Master File (downloaded September 20, 2026), Statistics of Income extracts, Form 990 e-file data, Publication 78 and the Automatic Revocation list. Figures are as reported by the organization; IRS processing may adjust them. This is not a charity rating and not tax advice. Confirm deductibility in IRS Tax Exempt Organization Search.
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