Hospital Shared Services Association

Analysis

Hospital Shared Services Association is a registered charity in United States, based in Seattle, WA. It received its IRS tax-exemption ruling in January 1971, 55 years ago. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, Hospital Shared Services Association reported income of $4.5m and spending of $4.4m, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $4.8m to $4.5m (-6.9%), an average of -1.8% a year. The sharpest change came in the year to December 2021, when income rose by 37%. Over the whole period it spent 80% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Hospital Shared Services Association sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 93rd percentile within WA. Charities of a similar size with the same main cause include Hudson School ($4.5m), Alternative Elder Living Inc ($4.5m) and Variety Club Charity for Children Inc ($4.5m).

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 $54k (1.2% of expenses). At year end it held assets of $980k against liabilities of $0, net assets of $980k.