Shannon Health System

Analysis

Shannon Health System is a registered charity in United States, based in San Angelo, TX. It received its IRS tax-exemption ruling in November 1996, 30 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, Shannon Health System reported income of $332k and spending of $315k, spending 95% of its income. The sharpest change came in the year to September 2022, when income dropped by 349%. Over the whole period it spent -168% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Shannon Health System sits at the 49th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 68th percentile within TX. Charities of a similar size with the same main cause include Ryan Anthony Foundation ($332k), Louisiana Cancer Foundation for Research and Education Inc ($332k) and California Rehabilitation Foundation ($332k).

At year end it held assets of $19.0m against liabilities of $0, net assets of $19.0m.