Hospital Sisters Services Inc

Analysis

Hospital Sisters Services Inc is a registered charity in United States, based in Springfield, IL. It received its IRS tax-exemption ruling in March 1946, 80 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 June 2023, Hospital Sisters Services Inc reported income of $11.1m and spending of $8.5m, leaving 23% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $7.9m to $11.1m (+39%), an average of +8.7% a year. The sharpest change came in the year to June 2022, when income rose by 28%. Over the whole period it spent 151% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Hospital Sisters Services Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within IL. Charities of a similar size with the same main cause include Fund for the New School ($11.1m), South Central Primary Care Center Inc ($11.1m) and Community Action Partnership ($11.0m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 97% of the total. At year end it held assets of $34.3m against liabilities of $4.6m, net assets of $29.6m.