Southern Sector Health Initiative

Analysis

Southern Sector Health Initiative is a registered charity in United States, based in Dallas, TX. It received its IRS tax-exemption ruling in September 2009, 17 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Southern Sector Health Initiative reported income of $6.1m and spending of $6.2m, spending 102% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $6.1m to $6.1m (-0.5%), an average of -0.1% a year. Over the whole period it spent 102% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Southern Sector Health Initiative sits at the 81st percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 95th percentile within TX. Charities of a similar size with the same main cause include Montgomery County Collaboration Council ($6.1m), Lauderdale Christian Nursing Home ($6.1m) and First Capital Community Transport Partners ($6.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 96% and program service revenue 4.1% of the total. Compensation of current officers, directors and key employees was $378k (6.1% of expenses). Other salaries and wages came to $2.4m. At year end it held assets of $3.6m against liabilities of $414k, net assets of $3.2m. It reported 100 employees.