Swedish American Hospital Self Insurance Trust

Analysis

Swedish American Hospital Self Insurance Trust is a registered charity in United States, based in Rockford, IL. It received its IRS tax-exemption ruling in January 1979, 47 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 October 2023, Swedish American Hospital Self Insurance Trust reported income of $852k and spending of $577k, leaving 32% of income unspent that year. Across the 5 years on record, from October 2019 to October 2023, income fell from $1.7m to $852k (-49%), an average of -16% a year. The sharpest change came in the year to October 2020, when income rose by 301%. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Swedish American Hospital Self Insurance Trust sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 77th percentile within IL. Charities of a similar size with the same main cause include Ka Ala Farm Inc ($852k), Katie & Thomas Haynes Memorial Educational Fund ($852k) and Kentucky Vocational Association ($852k).

At year end it held assets of $10.7m against liabilities of $0, net assets of $10.7m.