Southern Dominion Health System Inc

Analysis

Southern Dominion Health System Inc is a registered charity in United States, based in Victoria, VA. It received its IRS tax-exemption ruling in January 1985, 41 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 December 2023, Southern Dominion Health System Inc reported income of $9.8m and spending of $11.0m, spending 112% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $9.3m to $9.8m (+6.4%), an average of +1.6% a year. The sharpest change came in the year to December 2022, when income rose by 24%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Southern Dominion Health System Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 95th percentile within VA. Charities of a similar size with the same main cause include Great Smoky Mountains Association ($9.8m), G M N Tri-County Community Action Committee Inc ($9.9m) and Ascension Living Via Christi Village Hays ($9.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 31% and program service revenue 66% of the total. Compensation of current officers, directors and key employees was $147k (1.3% of expenses). Other salaries and wages came to $6.0m. At year end it held assets of $8.9m against liabilities of $1.6m, net assets of $7.3m. It reported 103 employees.