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Society for Simulation in Healthcare

RegisteredEIN 26-0079656Harrison, OHHealth and saving lives
Income$6.2m2023-06
Spending$6.7msame year
Spent / received99%5-year average
Size in its cause81st pctHealth and saving lives
Exempt since2005Publicly supported organisat
Employees20latest return

Analysis

Society for Simulation in Healthcare is a registered charity in United States, based in Harrison, OH. It received its IRS tax-exemption ruling in September 2005, 21 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Society for Simulation in Healthcare reported income of $6.2m and spending of $6.7m, spending 107% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $5.5m to $6.2m (+13%), an average of +3.2% a year. The sharpest change came in the year to June 2022, when income rose by 80%. Over the whole period it spent 99% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Society for Simulation in Healthcare sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 93rd percentile within OH. Charities of a similar size with the same main cause include Neighborhealth Center Inc ($6.2m), Beacon Charitable Pharmacy Inc ($6.2m) and Wheat State Manor Inc ($6.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 13% and program service revenue 83% of the total. Compensation of current officers, directors and key employees was $196k (2.9% of expenses). Other salaries and wages came to $1.2m. At year end it held assets of $3.7m against liabilities of $827k, net assets of $2.8m. It reported 20 employees.

Income and spending

$0$1.7m$3.3m$5.0m$6.7m2019 Income: $5,509,1942019 Spending: $5,600,81620192020 Income: $6,011,8802020 Spending: $5,688,98020202021 Income: $2,978,6112021 Spending: $2,485,56920212022 Income: $5,354,5082022 Spending: $5,343,75320222023 Income: $6,242,6292023 Spending: $6,661,0572023
IncomeSpending

Where the income comes from

  • Contributions & grants 13%
  • Program services 83%
  • Other 3.9%

Similar-sized charities, same cause

CharityLocationIncome
Neighborhealth Center IncRaleigh$6.2m
Beacon Charitable Pharmacy IncCanton$6.2m
Wheat State Manor IncWhitewater$6.2m
Columbus Community Hospital FoundationColumbus$6.2m