Singing River Health System Foundation

Analysis

Singing River Health System Foundation is a registered charity in United States, based in Ocean Springs, MS. It received its IRS tax-exemption ruling in August 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 supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2024, Singing River Health System Foundation reported income of $694k and spending of $364k, leaving 48% of income unspent that year. Across the 6 years on record, from September 2019 to September 2024, income grew from $378k to $694k (+84%), an average of +13% a year. The sharpest change came in the year to September 2021, when income rose by 98%. Over the whole period it spent 63% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Singing River Health System Foundation sits at the 60th percentile: it is larger than about 60% of them. Against every charity in United States with reported income it ranks in the 75th percentile, and in the 77th percentile within MS. Charities of a similar size with the same main cause include United Health Centers Foundation ($694k), Raymond Ambulance Inc ($694k) and Beatrice Community Hospital Foundation Inc ($694k).

On its Form 990 for the period ending September 2024, revenue came from contributions and grants 59% of the total. Compensation of current officers, directors and key employees was $90k (25% of expenses). At year end it held assets of $2.4m against liabilities of $1,881, net assets of $2.4m.