Indiana Healthcare Physician Services Inc

Analysis

Indiana Healthcare Physician Services Inc is a registered charity in United States, based in Indiana, PA. It received its IRS tax-exemption ruling in February 2000, 26 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 June 2023, Indiana Healthcare Physician Services Inc reported income of $32.4m and spending of $47.4m, spending 146% of what it took in. Across the 6 years on record, from June 2018 to June 2023, income grew from $28.3m to $32.4m (+15%), an average of +2.8% a year. The sharpest change came in the year to June 2021, when income rose by 25%. Over the whole period it spent 128% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Indiana Healthcare Physician Services Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within PA. Charities of a similar size with the same main cause include Southcoast Health System Inc ($32.4m), Community Connections ($32.4m) and Morovis Community Health Center Inc ($32.4m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 83% of the total. Other salaries and wages came to $10.0m. At year end it held assets of $5.6m against liabilities of $4.5m, net assets of $1.2m. It reported 376 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.