The Spartanburg Regional Healthcare System Foundation
Spartanburg, South Carolina
Financial Health Score
9-metric score across financial health, operational efficiency, and organizational resilience. Based on IRS Form 990 data.
Good
How This Organization Compares
Compared to 39 peers in Health Care with $10M-$100M revenue
Working Capital Ratio (net assets ÷ expenses)
Financial Trends
5-Year Trend Analysis
Financial Health Indicators
Filing History
13 filings on record| Year | Revenue | Expenses | Assets | |
|---|---|---|---|---|
| 2023 | $9,375,394↓1% | $8,997,468↓26% | $52,604,446↑7% | |
| 2022 | $9,433,693↓16% | $12,216,090↑12% | $49,277,778↓19% | — |
| 2021 | $11,166,446↑41% | $10,875,369↑11% | $61,062,133↑10% | — |
| 2020 | $7,929,805↓12% | $9,829,489↑67% | $55,341,909 | — |
| 2019 | $8,988,841↓17% | $5,868,802↓50% | $55,371,235↑7% | — |
| 2018 | $10,773,400↑29% | $11,643,939↑112% | $51,846,094↓5% | — |
| 2017 | $8,331,237↓19% | $5,482,094↑9% | $54,612,937↑12% | — |
| 2016 | $10,247,001↑14% | $5,021,513↓6% | $48,641,183↑16% | — |
| 2015 | $8,990,953↑88% | $5,339,590↑22% | $41,804,712↑3% | — |
| 2014 | $4,773,572↓61% | $4,368,351↓18% | $40,685,638↑5% | — |
| 2013 | $12,356,324↑142% | $5,326,787↑28% | $38,847,300↑24% | — |
| 2012 | $5,108,089↓42% | $4,159,832↓5% | $31,288,990↑13% | — |
| 2011 | $8,807,568 | $4,370,602 | $27,719,898 | — |
Frequently Asked Questions
What does The Spartanburg Regional Healthcare System Foundation do?▼
The Spartanburg Regional Healthcare System Foundation is a health care nonprofit organization based in South Carolina. It is classified under NTEE code E22I and is registered as a 501(c) tax-exempt organization with the IRS.
Is The Spartanburg Regional Healthcare System Foundation financially healthy?▼
Based on our 9-metric Financial Health Score model, The Spartanburg Regional Healthcare System Foundation has a score of 69/100 (Grade: B+). This score evaluates working capital, surplus consistency, debt ratio, revenue trends, program spending, fundraising efficiency, executive compensation, revenue diversification, and vulnerability indicators.
How much revenue does The Spartanburg Regional Healthcare System Foundation generate?▼
The Spartanburg Regional Healthcare System Foundation reports $13.1M in annual revenue and holds $67.4M in total assets, based on IRS filings.
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