Service Coordination Inc

Analysis

Service Coordination Inc is a registered charity in United States, based in Frederick, MD. It received its IRS tax-exemption ruling in September 1993, 33 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 June 2023, Service Coordination Inc reported income of $71.9m and spending of $71.5m, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $36.8m to $71.9m (+95%), an average of +18% a year. The sharpest change came in the year to June 2021, when income rose by 25%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Service Coordination Inc 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 MD. Charities of a similar size with the same main cause include Advertising Council Inc ($71.8m), Hospital Damas Inc ($71.9m) and St Josephs Hospital and Health Center ($71.8m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $1.4m (2.0% of expenses). Other salaries and wages came to $51.6m. At year end it held assets of $23.6m against liabilities of $12.2m, net assets of $11.3m. It reported 898 employees.