Episcopal Health Services Inc

Analysis

Episcopal Health Services Inc is a registered charity in United States, based in Garden City, NY. It received its IRS tax-exemption ruling in June 1942, 84 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 December 2023, Episcopal Health Services Inc reported income of $389.9m and spending of $382.9m, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $260.0m to $389.9m (+50%), an average of +11% a year. The sharpest change came in the year to December 2020, when income rose by 19%. Over the whole period it spent 96% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Episcopal Health Services Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 100th percentile within NY. Charities of a similar size with the same main cause include Health First Shared Services Inc ($388.9m), Sisters of Charity Hospital of Buffalo New York ($391.8m) and Orlando Health Central Inc ($388.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 2.4% and program service revenue 62% of the total. Compensation of current officers, directors and key employees was $9.1m (2.4% of expenses). Other salaries and wages came to $168.1m. At year end it held assets of $347.6m against liabilities of $286.7m, net assets of $60.9m. It reported 2,154 employees.