Health and Social Services Consortium Inc

Analysis

Health and Social Services Consortium Inc is a registered charity in United States, based in Walpole, MA. It received its IRS tax-exemption ruling in December 1987, 39 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 June 2023, Health and Social Services Consortium Inc reported income of $17.2m and spending of $16.7m, spending 97% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $14.9m to $17.2m (+16%), an average of +3.7% a year. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Health and Social Services Consortium Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 96th percentile within MA. Charities of a similar size with the same main cause include Hospice of the Panhandle Inc ($17.2m), Birch Hill Terrace ($17.2m) and Services & Advocacy for Gay Lesbian Bisexual & Transgender Elders Inc ($17.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 1.5% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $154k (0.9% of expenses). Other salaries and wages came to $3.7m. At year end it held assets of $7.4m against liabilities of $2.9m, net assets of $4.4m. It reported 92 employees.