Sierra Medical Services Alliance

Analysis

Sierra Medical Services Alliance is a registered charity in United States, based in Reno, NV. It received its IRS tax-exemption ruling in May 2003, 23 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 June 2023, Sierra Medical Services Alliance reported income of $30.8m and spending of $26.2m, spending 85% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $30.2m to $30.8m (+2.0%), an average of +0.5% a year. The sharpest change came in the year to June 2023, when income rose by 20%. Over the whole period it spent 95% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Sierra Medical Services Alliance sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 99th percentile within NV. Charities of a similar size with the same main cause include TLCS Inc ($30.8m), Versiti Inc ($30.8m) and Alexian Health Senior Care ($30.8m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 81% of the total. Compensation of current officers, directors and key employees was $640k (2.4% of expenses). Other salaries and wages came to $14.3m. At year end it held assets of $15.5m against liabilities of $6.2m, net assets of $9.3m. It reported 305 employees.