RHSC Inc

Analysis

RHSC Inc is a registered charity in United States, based in Bloomington, MN. It received its IRS tax-exemption ruling in March 1999, 27 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 December 2023, RHSC Inc reported income of $20.3m and spending of $19.2m, spending 94% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $25.3m to $20.3m (-20%), an average of -5.3% a year. The sharpest change came in the year to December 2023, when income dropped by 39%. Over the whole period it spent 98% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, RHSC Inc sits at the 89th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within MN. Charities of a similar size with the same main cause include Health Care Partners of South Carolina Inc ($20.3m), Charles Drew Health Center Inc ($20.3m) and Planned Parenthood Global Inc ($20.3m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 99% of the total. Other salaries and wages came to $13.5m. At year end it held assets of $8.6m against liabilities of $4.8m, net assets of $3.9m. It reported 470 employees.