Anderson Healthcare

Analysis

Anderson Healthcare is a registered charity in United States, based in Maryville, IL. It received its IRS tax-exemption ruling in April 2020, 6 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 (type iii functionally integrated) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Anderson Healthcare reported income of $36.8m and spending of $57.7m, spending 156% of what it took in. Across the 4 years on record, from December 2020 to December 2023, income grew from $21.1m to $36.8m (+75%), an average of +20% a year. The sharpest change came in the year to December 2021, when income rose by 40%. Over the whole period it spent 160% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Anderson Healthcare sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within IL. Charities of a similar size with the same main cause include Ashley Inc ($36.8m), Valley Health Partners Community Health Center ($36.9m) and Childrens Health System Inc ($36.8m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 88% of the total. Compensation of current officers, directors and key employees was $1.2m (2.0% of expenses). Other salaries and wages came to $30.8m. At year end it held assets of $42.9m against liabilities of $17.6m, net assets of $25.3m. It reported 407 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.