Goshen Health System Inc

Analysis

Goshen Health System Inc is a registered charity in United States, based in Goshen, IN. It received its IRS tax-exemption ruling in August 1997, 29 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 December 2023, Goshen Health System Inc reported income of $84.9m and spending of $83.9m, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $71.1m to $84.9m (+19%), an average of +4.5% a year. Over the whole period it spent 99% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Goshen Health System 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 99th percentile, and in the 99th percentile within IN. Charities of a similar size with the same main cause include Franciscan Aco Inc ($84.9m), Lewis County Promary Care Center Inc ($85.0m) and Genesee Region Home Care Association Inc ($84.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 36% and program service revenue 64% of the total. Compensation of current officers, directors and key employees was $275k (0.3% of expenses). Other salaries and wages came to $49.1m. At year end it held assets of $19.5m against liabilities of $16.5m, net assets of $3.0m. It reported 679 employees.