Northshore Health Centers Inc

Analysis

Northshore Health Centers Inc is a registered charity in United States, based in Portage, IN. It received its IRS tax-exemption ruling in January 1998, 28 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 December 2023, Northshore Health Centers Inc reported income of $64.1m and spending of $62.8m, spending 98% of its income. Across the 6 years on record, from August 2019 to December 2023, income grew from $38.6m to $64.1m (+66%), an average of +11% a year. The sharpest change came in the year to December 2023, when income rose by 232%. Over the whole period it spent 93% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Northshore Health Centers Inc sits at the 94th percentile: it is larger than about 94% 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 Valley Hope Association ($64.1m), Saint Joseph Regional Medical Center-Plymouth Campus Inc ($64.3m) and Home & Community Services Inc ($64.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 9.8% and program service revenue 87% of the total. Compensation of current officers, directors and key employees was $1.5m (2.4% of expenses). Other salaries and wages came to $34.5m. At year end it held assets of $60.3m against liabilities of $30.3m, net assets of $30.1m. It reported 653 employees.