South Plains Rural Health Services Inc

Analysis

South Plains Rural Health Services Inc is a registered charity in United States, based in Levelland, TX. It received its IRS tax-exemption ruling in October 1986, 40 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending May 2023, South Plains Rural Health Services Inc reported income of $13.5m and spending of $10.2m, leaving 24% of income unspent that year. Across the 5 years on record, from May 2019 to May 2023, income grew from $8.7m to $13.5m (+55%), an average of +12% a year. The sharpest change came in the year to May 2021, when income rose by 33%. Over the whole period it spent 81% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, South Plains Rural Health Services Inc sits at the 86th percentile: it is larger than about 86% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within TX. Charities of a similar size with the same main cause include Hamilton Ambulatory Surgery Center Inc ($13.5m), Avera Tyler ($13.5m) and The Presbyterian Foundation for Philadelphia ($13.5m).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 50% and program service revenue 49% of the total. Compensation of current officers, directors and key employees was $683k (6.7% of expenses). Other salaries and wages came to $5.0m. At year end it held assets of $16.7m against liabilities of $3.4m, net assets of $13.4m. It reported 154 employees.