Southern Illinois Healthcare Foundation Inc

Analysis

Southern Illinois Healthcare Foundation Inc is a registered charity in United States, based in Sauget, IL. It received its IRS tax-exemption ruling in May 1986, 40 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Southern Illinois Healthcare Foundation Inc reported income of $92.3m and spending of $83.1m, spending 90% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $67.0m to $92.3m (+38%), an average of +8.3% a year. The sharpest change came in the year to December 2020, when income rose by 18%. Over the whole period it spent 87% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Southern Illinois Healthcare Foundation 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 IL. Charities of a similar size with the same main cause include Holy Family Memorial Inc ($92.3m), Centerstone of Indiana Inc ($92.5m) and Community Hospital of Anaconda ($92.3m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 29% and program service revenue 69% of the total. Compensation of current officers, directors and key employees was $3.2m (3.8% of expenses). Other salaries and wages came to $42.2m. At year end it held assets of $90.0m against liabilities of $17.2m, net assets of $72.8m. It reported 716 employees.