Central Indiana Health System Cardiac Services Inc

Analysis

Central Indiana Health System Cardiac Services Inc is a registered charity in United States, based in Saint Louis, MO. It received its IRS tax-exemption ruling in July 1993, 33 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 June 2023, Central Indiana Health System Cardiac Services Inc reported income of $102.7m and spending of $66.1m, leaving 36% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $95.9m to $102.7m (+7.1%), an average of +1.7% a year. The sharpest change came in the year to June 2021, when income rose by 67%. Over the whole period it spent 47% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Central Indiana Health System Cardiac Services Inc sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within MO. Charities of a similar size with the same main cause include Murmuration Research Institute Inc ($102.7m), The University of the Virgin Islands ($102.8m) and Didlake Inc ($101.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.2% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $375k (0.6% of expenses). Other salaries and wages came to $30.5m. At year end it held assets of $694.7m against liabilities of $34.3m, net assets of $660.4m. It reported 510 employees.