Health Systems Facilities Inc

Analysis

Health Systems Facilities Inc is a registered charity in United States, based in Gray, GA. It received its IRS tax-exemption ruling in June 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, Health Systems Facilities Inc reported income of $70.8m and spending of $84.0m, spending 119% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $97.5m to $70.8m (-27%), an average of -7.7% a year. The sharpest change came in the year to June 2023, when income dropped by 26%. Over the whole period it spent 106% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Health Systems Facilities 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 99th percentile within GA. Charities of a similar size with the same main cause include Metro Community Provider Network Inc ($70.8m), Aspirus Keweenaw ($70.9m) and Health Partners of Western Ohio ($70.7m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $42.7m. At year end it held assets of $28.5m against liabilities of $26.7m, net assets of $1.8m. It reported 1,074 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.