Prisma Health-Midlands

Analysis

Prisma Health-Midlands is a registered charity in United States, based in Greenville, SC. It received its IRS tax-exemption ruling in February 1997, 29 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Prisma Health-Midlands reported income of $1.60bn and spending of $1.41bn, spending 88% of its income. Across the 5 years on record, from September 2019 to September 2023, income fell from $1.82bn to $1.60bn (-12%), an average of -3.1% a year. The sharpest change came in the year to September 2021, when income dropped by 21%. Over the whole period it spent 96% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Prisma Health-Midlands sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 100th percentile within SC. Charities of a similar size with the same main cause include Elderplan Inc ($1.59bn), Caresource Georgia Co ($1.61bn) and Toledo Hospital ($1.59bn).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 0.3% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $797k (0.1% of expenses). Other salaries and wages came to $461.2m. At year end it held assets of $1.17bn against liabilities of $305.7m, net assets of $868.6m. It reported 10,161 employees.