Tamid Healthcare NFP

Analysis

Tamid Healthcare NFP is a registered charity in United States, based in Lincolnwood, IL. It received its IRS tax-exemption ruling in March 2021, 5 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 (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Tamid Healthcare NFP reported income of $20.1m and spending of $20.9m, spending 104% of its income. Across the 2 years on record, from December 2022 to December 2023, income grew from $17.6m to $20.1m (+14%), an average of +14% a year. Over the whole period it spent 58% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Tamid Healthcare NFP sits at the 89th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 97th percentile within IL. Charities of a similar size with the same main cause include Aca-Cleveland Area Hospital ($20.1m), Escambia County Alabama Community Hospitals Inc ($20.1m) and Sheridan Memorial Hospital Association ($20.1m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $204k (1.0% of expenses). Other salaries and wages came to $6.9m. At year end it held assets of $58.4m against liabilities of $43.3m, net assets of $15.1m. It reported 325 employees.