Jordan Health Systems Inc

Analysis

Jordan Health Systems Inc is a registered charity in United States, based in Charlestown, MA. It received its IRS tax-exemption ruling in October 1939, 87 years ago. 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 September 2023, Jordan Health Systems Inc reported income of $3.3m and spending of $3.1m, spending 93% of its income. Across the 5 years on record, from September 2019 to September 2023, income fell from $3.7m to $3.3m (-13%), an average of -3.3% a year. The sharpest change came in the year to September 2022, when income dropped by 25%. Over the whole period it spent 90% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Jordan Health Systems Inc sits at the 89th percentile: it is larger than about 89% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 88th percentile within MA. Charities of a similar size with the same main cause include Community Alternatives for People with Autism ($3.3m), Community Service Foundation ($3.3m) and Friends of Caroline Hospice of Beaufort Inc ($3.3m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 3.1% and program service revenue 96% of the total. Other salaries and wages came to $2.7m. At year end it held assets of $19.1m against liabilities of $1.7m, net assets of $17.4m.