Salem Health Hospitals and Clinics

Analysis

Salem Health Hospitals and Clinics is a registered charity in United States, based in Salem, OR. It received its IRS tax-exemption ruling in January 1988, 38 years ago. 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, Salem Health Hospitals and Clinics reported income of $100.9m and spending of $30.4m, leaving 70% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $103k to $100.9m (+98099%), an average of +460% a year. The sharpest change came in the year to June 2021, when income rose by 147395%. Over the whole period it spent 21% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Salem Health Hospitals and Clinics sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 100th percentile within OR. Charities of a similar size with the same main cause include People Acting in Community Endeavors Inc ($100.8m), Hospital de LA Concepcion Inc ($101.1m) and The Actors Fund of America ($99.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 1.7% and program service revenue 49% of the total. At year end it held assets of $2.60bn against liabilities of $2.37bn, net assets of $233.9m.