Health Services Inc

Analysis

Health Services Inc is a registered charity in United States, based in Montgomery, AL. It received its IRS tax-exemption ruling in July 1968, 58 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 January 2024, Health Services Inc reported income of $30.6m and spending of $28.9m, spending 95% of its income. Across the 5 years on record, from January 2020 to January 2024, income grew from $29.3m to $30.6m (+4.3%), an average of +1.1% a year. Over the whole period it spent 95% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Health Services Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 99th percentile within AL. Charities of a similar size with the same main cause include Good Shepherd Lutheran Home of Sauk Rapids Minnesota ($30.5m), Siskiyou Community Health Center Inc ($30.6m) and The William B Wiener Jr Foundation ($30.5m).

On its Form 990 for the period ending January 2024, revenue came from contributions and grants 36% and program service revenue 64% of the total. Other salaries and wages came to $15.8m. At year end it held assets of $37.1m against liabilities of $3.7m, net assets of $33.4m. It reported 365 employees.