Osf Multi-Specialty Group

Analysis

Osf Multi-Specialty Group is a registered charity in United States, based in Peoria, IL. It received its IRS tax-exemption ruling in August 2013, 13 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 (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Osf Multi-Specialty Group reported income of $453.8m and spending of $830.8m, spending 183% of what it took in. Across the 5 years on record, from September 2019 to September 2023, income grew from $364.2m to $453.8m (+25%), an average of +5.7% a year. Over the whole period it spent 181% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Osf Multi-Specialty Group 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 Guthrie Medical Group PC ($453.2m), Henry Mayo Newhall Memorial Hospital ($454.2m) and Virtua-Memorial Hospital Burlington County Inc ($452.5m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 3.3% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $199k (0.0% of expenses). Other salaries and wages came to $541.3m. At year end it held assets of $196.3m against liabilities of $239.8m, net assets of -$43.5m. It reported 6,146 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.