Southeastern Indiana Health Management Inc

Analysis

Southeastern Indiana Health Management Inc is a registered charity in United States, based in Columbus, IN. It received its IRS tax-exemption ruling in January 1985, 41 years ago. 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 December 2023, Southeastern Indiana Health Management Inc reported income of $9.3m and spending of $8.6m, spending 92% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $5.9m to $9.3m (+58%), an average of +12% a year. The sharpest change came in the year to December 2023, when income rose by 75%. Over the whole period it spent 89% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Southeastern Indiana Health Management Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within IN. Charities of a similar size with the same main cause include Hospice of Lenawee Inc ($9.3m), Sports SD Inc ($9.3m) and The University of South Alabama Professional Liability Trust Fund ($9.3m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $1.6m (18% of expenses). Other salaries and wages came to $5.1m. At year end it held assets of $8.0m against liabilities of $6.4m, net assets of $1.6m. It reported 14 employees.