Signature Healthcare Corporation

Analysis

Signature Healthcare Corporation is a registered charity in United States, based in Brockton, MA. It received its IRS tax-exemption ruling in November 1983, 43 years ago. 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 September 2023, Signature Healthcare Corporation reported income of $6.8m and spending of $946k, leaving 86% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income grew from $1.9m to $6.8m (+262%), an average of +38% a year. The sharpest change came in the year to September 2023, when income rose by 179%. Over the whole period it spent 29% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Signature Healthcare Corporation sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 94th percentile, and in the 92nd percentile within MA. Charities of a similar size with the same main cause include Habitat for Humanity International Inc ($6.8m), Sojourners ($6.8m) and Flanner House of Indianapolis Inc ($6.8m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 94% and program service revenue 3.4% of the total. At year end it held assets of $10.3m against liabilities of $0, net assets of $10.3m.