The Queens Health Systems

Analysis

The Queens Health Systems is a registered charity in United States, based in Honolulu, HI. It received its IRS tax-exemption ruling in September 1985, 41 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, The Queens Health Systems reported income of $257.9m and spending of $200.5m, leaving 22% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $147.6m to $257.9m (+75%), an average of +15% a year. The sharpest change came in the year to June 2021, when income rose by 47%. Over the whole period it spent 85% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, The Queens Health Systems sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 100th percentile within HI. Charities of a similar size with the same main cause include Gottlieb Community Health Services Corporation ($257.8m), Coxhealth ($257.9m) and Community Memorial Hospital of Menomonee Falls Inc ($257.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 11% and program service revenue 75% of the total. Compensation of current officers, directors and key employees was $6.5m (3.2% of expenses). Other salaries and wages came to $82.3m. At year end it held assets of $1.57bn against liabilities of $1.30bn, net assets of $276.7m. It reported 1,000 employees.