Sac Health System

Analysis

Sac Health System is a registered charity in United States, based in SN Bernrdno, CA. It received its IRS tax-exemption ruling in September 1995, 31 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, Sac Health System reported income of $110.8m and spending of $102.2m, spending 92% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $53.5m to $110.8m (+107%), an average of +20% a year. The sharpest change came in the year to June 2022, when income rose by 46%. Over the whole period it spent 92% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Sac Health System 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 99th percentile, and in the 99th percentile within CA. Charities of a similar size with the same main cause include Penn State Health Hampden Medical Center ($110.5m), Spectrum Health Systems Inc ($110.9m) and McLaren Health Management Group ($110.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 17% and program service revenue 80% of the total. Compensation of current officers, directors and key employees was $2.4m (2.3% of expenses). Other salaries and wages came to $35.8m. It paid $195k in professional fundraising fees. At year end it held assets of $122.5m against liabilities of $60.5m, net assets of $62.0m. It reported 687 employees.