Sisters of Charity of Incarnate Word

Analysis

Sisters of Charity of Incarnate Word is a registered charity in United States, based in Canton, OH. It received its IRS tax-exemption ruling in March 1946, 80 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a school under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending March 2023, Sisters of Charity of Incarnate Word reported income of $140k and spending of $186k, spending 132% of what it took in. Across the 5 years on record, from March 2019 to March 2023, income grew from $123k to $140k (+14%), an average of +3.4% a year. The sharpest change came in the year to March 2021, when income rose by 31%. Over the whole period it spent 131% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Sisters of Charity of Incarnate Word sits at the 34th percentile: it is larger than about 34% of them. Against every charity in United States with reported income it ranks in the 46th percentile, and in the 46th percentile within OH. Charities of a similar size with the same main cause include Hope for Life Biblical Counseling ($140k), Go Doc Go ($140k) and Healing Buddies Inc ($140k).

On its Form 990 for the period ending March 2023, revenue came from program service revenue 92% of the total. Compensation of current officers, directors and key employees was $14k (7.5% of expenses). At year end it held assets of $531k against liabilities of $0, net assets of $531k. It reported 2 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.