EHealth CareEIN: 570937166

The Spartanburg Regional Healthcare System Foundation

Spartanburg, South Carolina

B+Health Score
69B+

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)

This Org5.70×
Peer Median8.62×
💰
$9.4M
Total Revenue
📊
$9.0M
Total Expenses
🏦
$51.3M
Net Assets
📋
$1.3M
Total Liabilities

Financial Trends

5-Year Trend Analysis

Financial Health Indicators

Revenue Growth
-0.6%
Year-over-year change (2022 → 2023)
Net Margin
+4.0%
Revenue minus expenses as % of revenue
Working Capital Ratio
5.70
Net assets divided by total expenses
Liabilities-to-Assets
2.4%
Total liabilities as % of total assets

Filing History

13 filings on record
YearRevenueExpensesAssets
2023$9,375,3941%$8,997,46826%$52,604,4467%
2022$9,433,69316%$12,216,09012%$49,277,77819%
2021$11,166,44641%$10,875,36911%$61,062,13310%
2020$7,929,80512%$9,829,48967%$55,341,909
2019$8,988,84117%$5,868,80250%$55,371,2357%
2018$10,773,40029%$11,643,939112%$51,846,0945%
2017$8,331,23719%$5,482,0949%$54,612,93712%
2016$10,247,00114%$5,021,5136%$48,641,18316%
2015$8,990,95388%$5,339,59022%$41,804,7123%
2014$4,773,57261%$4,368,35118%$40,685,6385%
2013$12,356,324142%$5,326,78728%$38,847,30024%
2012$5,108,08942%$4,159,8325%$31,288,99013%
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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