Franciscan Care Services Inc

Analysis

Franciscan Care Services Inc is a registered charity in United States, based in West Point, NE. It received its IRS tax-exemption ruling in May 1996, 30 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Franciscan Care Services Inc reported income of $55.5m and spending of $49.1m, spending 88% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $36.3m to $55.5m (+53%), an average of +11% a year. The sharpest change came in the year to December 2020, when income rose by 26%. 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, Franciscan Care Services Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within NE. Charities of a similar size with the same main cause include We Are Blood ($55.5m), Sioux Valley Memorial Hospital Association ($55.6m) and Central Oklahoma Family Medical Center Inc ($55.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.5% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $1.4m (2.9% of expenses). Other salaries and wages came to $22.1m. At year end it held assets of $103.8m against liabilities of $14.0m, net assets of $89.8m. It reported 365 employees.