Park West Health Systems Incorporated

Analysis

Park West Health Systems Incorporated is a registered charity in United States, based in Baltimore, MD. It received its IRS tax-exemption ruling in January 1975, 51 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending November 2023, Park West Health Systems Incorporated reported income of $17.7m and spending of $16.0m, spending 91% of its income. Across the 5 years on record, from November 2019 to November 2023, income grew from $10.5m to $17.7m (+69%), an average of +14% a year. The sharpest change came in the year to November 2022, when income rose by 23%. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Park West Health Systems Incorporated sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 96th percentile within MD. Charities of a similar size with the same main cause include University of Maryland Radiation Oncology Associates P a ($17.6m), Village Center for Care ($17.7m) and Community Action Coaltion for South Central Wisconsin Inc ($17.6m).

On its Form 990 for the period ending November 2023, revenue came from contributions and grants 35% and program service revenue 62% of the total. Compensation of current officers, directors and key employees was $1.0m (6.5% of expenses). Other salaries and wages came to $5.3m. At year end it held assets of $8.5m against liabilities of $2.9m, net assets of $5.6m. It reported 160 employees.