Mat-Su Health Services Inc

Analysis

Mat-Su Health Services Inc is a registered charity in United States, based in Wasilla, AK. It received its IRS tax-exemption ruling in March 1985, 41 years ago. Its declared purposes cover mental health and crisis intervention, 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, Mat-Su Health Services Inc reported income of $11.5m and spending of $13.1m, spending 113% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $9.4m to $11.5m (+22%), an average of +5.2% a year. The sharpest change came in the year to June 2021, when income rose by 33%. Over the whole period it spent 101% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Mat-Su Health Services Inc sits at the 85th percentile: it is larger than about 85% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 97th percentile within AK. Charities of a similar size with the same main cause include Hebrew Home and Hospital Inc ($11.5m), ALS Network ($11.5m) and Inter-Faith Care Center ($11.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 31% and program service revenue 68% of the total. Compensation of current officers, directors and key employees was $453k (3.5% of expenses). Other salaries and wages came to $7.1m. At year end it held assets of $7.0m against liabilities of $3.6m, net assets of $3.4m. It reported 149 employees.