Sioux Center Health

Analysis

Sioux Center Health is a registered charity in United States, based in Sioux Center, IA. It received its IRS tax-exemption ruling in July 1953, 73 years ago. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Sioux Center Health reported income of $65.1m and spending of $62.7m, spending 96% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $44.6m to $65.1m (+46%), an average of +9.9% a year. The sharpest change came in the year to June 2021, when income rose by 30%. Over the whole period it spent 97% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Sioux Center Health sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within IA. Charities of a similar size with the same main cause include Cardinal Glennon Childrens Foundation ($65.1m), Mary Haven Center of Hope ($65.4m) and No AIDS Task Force ($65.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 11% and program service revenue 86% of the total. Compensation of current officers, directors and key employees was $513k (0.8% of expenses). Other salaries and wages came to $25.5m. At year end it held assets of $104.0m against liabilities of $60.8m, net assets of $43.2m. It reported 748 employees.