SCH Professional Corporation

Analysis

SCH Professional Corporation is a registered charity in United States, based in Salem, OH. It received its IRS tax-exemption ruling in April 1996, 30 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, SCH Professional Corporation reported income of $9.8m and spending of $19.8m, spending 201% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $9.2m to $9.8m (+7.3%), an average of +1.8% a year. Over the whole period it spent 179% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, SCH Professional Corporation sits at the 84th percentile: it is larger than about 84% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within OH. Charities of a similar size with the same main cause include Promedica Physician Group Inc ($9.8m), Ronald McDonald House Arkansas & North Louisiana Inc ($9.8m) and International Society of Magnetic Resonance in Medicine ($9.8m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.6% and program service revenue 99% of the total. Other salaries and wages came to $15.0m. At year end it held assets of $4.1m against liabilities of $2.4m, net assets of $1.8m. It reported 134 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.