Seneca Health Services Inc

Analysis

Seneca Health Services Inc is a registered charity in United States, based in Summersville, WV. It received its IRS tax-exemption ruling in December 1976, 50 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, Seneca Health Services Inc reported income of $18.7m and spending of $16.2m, spending 87% of its income. Across the 4 years on record, from June 2020 to June 2023, income grew from $15.9m to $18.7m (+18%), an average of +5.6% a year. The sharpest change came in the year to June 2022, when income rose by 26%. Over the whole period it spent 88% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Seneca Health Services Inc 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 WV. Charities of a similar size with the same main cause include Community Housing Development Corporation of North Richmond ($18.7m), Community Action of Southern Kentucky Incorporated ($18.7m) and Hebrew Old Age Center of Atlantic City ($18.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 52% and program service revenue 47% of the total. Compensation of current officers, directors and key employees was $537k (3.3% of expenses). Other salaries and wages came to $9.0m. At year end it held assets of $19.6m against liabilities of $4.8m, net assets of $14.8m. It reported 288 employees.