Scan Health Plan

Analysis

Scan Health Plan is a registered charity in United States, based in Long Beach, CA. It received its IRS tax-exemption ruling in November 1983, 43 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, Scan Health Plan reported income of $4.94bn and spending of $4.87bn, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $3.10bn to $4.94bn (+60%), an average of +12% a year. The sharpest change came in the year to December 2022, when income rose by 23%. 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, Scan Health Plan 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 100th percentile, and in the 100th percentile within CA. Charities of a similar size with the same main cause include Fairview Health Services ($4.71bn), Montefiore Medical Center ($5.06bn) and Duke University Health System Inc ($4.67bn).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.1% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $12.6m (0.3% of expenses). Other salaries and wages came to $155.0m. At year end it held assets of $1.06bn against liabilities of $375.7m, net assets of $688.2m. It reported 1,493 employees.