Infirmary Health System Inc

Analysis

Infirmary Health System Inc is a registered charity in United States, based in Mobile, AL. It received its IRS tax-exemption ruling in May 1983, 43 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending March 2023, Infirmary Health System Inc reported income of $78.4m and spending of $96.7m, spending 123% of what it took in. Across the 5 years on record, from March 2019 to March 2023, income grew from $75.9m to $78.4m (+3.3%), an average of +0.8% a year. Over the whole period it spent 116% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Infirmary Health System Inc sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 100th percentile within AL. Charities of a similar size with the same main cause include Alexian Brothers Ambulatory Group ($78.4m), Val Verde Hospital Corporation ($78.5m) and Huntington Memorial Hospital Inc ($78.4m).

On its Form 990 for the period ending March 2023, revenue came from program service revenue 92% of the total. Compensation of current officers, directors and key employees was $8.9m (9.2% of expenses). Other salaries and wages came to $36.3m. At year end it held assets of $551.6m against liabilities of $678.2m, net assets of -$126.7m. It reported 1,798 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.