Health Services Foundation

Analysis

Health Services Foundation is a registered charity in United States, based in Woodward, OK. It received its IRS tax-exemption ruling in February 1946, 80 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 December 2023, Health Services Foundation reported income of $1.6m and spending of $1.6m, spending 100% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.3m to $1.6m (+23%), an average of +5.2% a year. The sharpest change came in the year to December 2023, when income rose by 23%. Over the whole period it spent 103% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Health Services Foundation sits at the 69th percentile: it is larger than about 69% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 85th percentile within OK. Charities of a similar size with the same main cause include Mental Health America of Boone County ($1.6m), Path of Hope Inc ($1.6m) and CRC Community Support Organization Inc ($1.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 5.5% and program service revenue 94% of the total. Other salaries and wages came to $667k. At year end it held assets of $5.0m against liabilities of $5.0m, net assets of $7,560. It reported 30 employees.