SLK Health Services Corporation

Analysis

SLK Health Services Corporation is a registered charity in United States, based in Lanham, MD. It received its IRS tax-exemption ruling in August 2018, 8 years ago. Its declared purposes cover diseases, disorders and medical disciplines, 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 June 2023, SLK Health Services Corporation reported income of $514k and spending of $594k, spending 116% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $170k to $514k (+203%), an average of +32% a year. The sharpest change came in the year to June 2020, when income rose by 235%. Over the whole period it spent 97% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, SLK Health Services Corporation sits at the 55th percentile: it is larger than about 55% of them. Against every charity in United States with reported income it ranks in the 71st percentile, and in the 70th percentile within MD. Charities of a similar size with the same main cause include Lebanon Valley Volunteers in Medicine Clinic ($514k), Northwest Osteopathic Medical Foundation ($514k) and Polaris House ($514k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. Compensation of current officers, directors and key employees was $160k (27% of expenses). Other salaries and wages came to $241k. At year end it held assets of $79k against liabilities of $14k, net assets of $65k. It reported 15 employees.