Hospital Service District No 1 of the Parish of Vermilion

Analysis

Hospital Service District No 1 of the Parish of Vermilion is a registered charity in United States, based in Kaplan, LA. It received its IRS tax-exemption ruling in September 1973, 53 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Hospital Service District No 1 of the Parish of Vermilion reported income of $3.0m and spending of $2.7m, spending 90% of its income. Across the 5 years on record, from September 2019 to September 2023, income fell from $3.1m to $3.0m (-3.3%), an average of -0.8% a year. The sharpest change came in the year to September 2023, when income rose by 125%. Over the whole period it spent 98% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Hospital Service District No 1 of the Parish of Vermilion sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 89th percentile, and in the 88th percentile within LA. Charities of a similar size with the same main cause include Buoniconti Fund to Cure Paralysis Inc ($3.0m), The Colorado Center for the Blind ($3.0m) and Shaler Area Emergency Medical Services Inc ($3.0m).

Other salaries and wages came to $39k. At year end it held assets of $32.9m against liabilities of $1.6m, net assets of $31.3m. It reported 11 employees.