Hospital Sisters Health System

Analysis

Hospital Sisters Health System is a registered charity in United States, based in Springfield, IL. It received its IRS tax-exemption ruling in March 1946, 80 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, Hospital Sisters Health System reported income of $339.3m and spending of $308.4m, spending 91% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $203.4m to $339.3m (+67%), an average of +14% a year. The sharpest change came in the year to June 2020, when income rose by 41%. Over the whole period it spent 90% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Hospital Sisters Health System sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 100th percentile within IL. Charities of a similar size with the same main cause include Texas Health Harris Methodist Hospital Hurst-Euless-Bedford ($338.6m), Amida Care Inc ($339.7m) and Cayuga Medical Center at Ithaca ($338.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.1% and program service revenue 79% of the total. Compensation of current officers, directors and key employees was $4.0m (1.3% of expenses). Other salaries and wages came to $121.4m. At year end it held assets of $382.1m against liabilities of $58.2m, net assets of $323.9m. It reported 2,014 employees.