Health Services Management Inc

Analysis

Health Services Management Inc is a registered charity in United States, based in Murfreesboro, TN. It received its IRS tax-exemption ruling in May 2000, 26 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2022, Health Services Management Inc reported income of $131.1m and spending of $143.9m, spending 110% of what it took in. Across the 4 years on record, from December 2019 to December 2022, income fell from $135.9m to $131.1m (-3.5%), an average of -1.2% a year. The sharpest change came in the year to December 2021, when income dropped by 16%. Over the whole period it spent 100% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Health Services Management Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 100th percentile within TN. Charities of a similar size with the same main cause include Corewell Health ($131.1m), Union County Hospital Authority ($131.2m) and Austin-Travis County Mental Health and Mental Retardation Center ($130.9m).

On its Form 990 for the period ending December 2022, revenue came from contributions and grants 1.4% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $4.1m (2.8% of expenses). Other salaries and wages came to $59.5m. At year end it held assets of $180.1m against liabilities of $117.9m, net assets of $62.3m. It reported 3,843 employees.