Crisp Shared Services Inc

Analysis

Crisp Shared Services Inc is a registered charity in United States, based in Columbia, MD. It received its IRS tax-exemption ruling in April 2022, 4 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 i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Crisp Shared Services Inc reported income of $46.4m and spending of $45.2m, spending 97% of its income. Across the 3 years on record, from June 2021 to June 2023, income grew from $4.9m to $46.4m (+845%), an average of +207% a year. The sharpest change came in the year to June 2023, when income rose by 251%. Over the whole period it spent 98% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Crisp Shared Services Inc sits at the 93rd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 98th percentile within MD. Charities of a similar size with the same main cause include Smyth County Community Hospital ($46.3m), Monmouth Medical Center Foundation Inc ($46.4m) and Madera Community Hospital ($46.3m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $1.4m (3.0% of expenses). Other salaries and wages came to $12.6m. At year end it held assets of $12.0m against liabilities of $10.7m, net assets of $1.3m. It reported 162 employees.