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Ihc Health Services

Salt Lake City, UT · EIN 94-2854057 · 501(c)(3) · Hospital or medical research organization
Latest filing: Form 990 for calendar year 2024 (tax year 2024) · View the filing · Correct or respond

Ihc Health Services reported $10.65 billion in revenue and $9.51 billion in expenses for calendar year 2024. Of every $100 it spent, $82.34 went to program services, $17.60 to management and general costs and $0.06 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 92.3% of the total. The highest compensation it reported for one person was $9,715,356 (FORMER OFFICER). 9,966 people received more than $100,000 in reportable compensation. Revenue rose 53% between 2019 and 2024. Source: Form 990, 2024.

Where $100 of spending went

Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $9.51B

For context, the median across 5,634 covered health care charities: $86.19 programs, $13.81 management, $0.00 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

Calendar year 2024 · Form 990, Part VIII · total revenue $10.7B

The 990 scorecard · same measures for every charity, no grades

2024 filing. Median across 5,634 covered charities in this category, from their latest filings.
Measure2024Median
Program services
Part IX 25(B) ÷ 25(A)
82.3%85.6%
Management & general
Part IX 25(C) ÷ 25(A)
17.6%13.7%
Fundraising
Part IX 25(D) ÷ 25(A)
0.1%0.0%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.04$0.00
Contributions & grants share of revenue
Part VIII 1h ÷ 12
1.2%1.3%
Government grants share of revenue
Part VIII 1e ÷ 12
0.7%0.1%
Program service revenue share
Part VIII 2g ÷ 12
92.3%93.7%
Highest reported compensation
Part VII-A, columns D–F
$9,715,356$975,831
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
0.10%1.34%
People paid over $100,000
Part VII, line 2
9,96627
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
20.36.6
Independent voting board members
Part VI 1a–1b
10 of 1388.9%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

2024 · Form 990, Part III · the three largest programs by expense
$7.83B expenses · 100.0% of program spending · grants $11M · revenue $9.92B

Ihc Health Services, inc. ("Health Services") provided high quality healthcare through its system of 23 hospitals (2,850 licensed beds) and 443 clinics. In addition to the 151,810 inpatient admissions, 607,620 emergency room visits and 3.9 million clinic visits, Health Services provided more than $165 million in charity care (at cost) through more than 393,000 cases. For a more detailed explanation of the organization's program service accomplishments in 2024

Highest reported compensation

2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
FORMER OFFICER
Former, 57.00 hrs/week
$5,410,130$0$4,305,226$9,715,356
CHIEF OPERATING OFFICER
Highest compensated employee, 50.00 hrs/week
$2,570,342$0$1,513,604$4,083,946
REGION PRES/TRUSTEE
Director/trustee, officer, 50.00 hrs/week
$2,317,622$0$944,330$3,261,952
TREASURER
Officer, 50.00 hrs/week
$1,890,547$0$1,278,871$3,169,418
CHIEF STRATEGY OFFICER
Highest compensated employee, 50.00 hrs/week
$1,952,891$0$1,060,427$3,013,318
SECRETARY
Officer, 50.00 hrs/week
$1,727,776$0$979,605$2,707,381
FORMER OFFICER
Former, 50.00 hrs/week
$1,561,120$0$899,592$2,460,712
PHYSICIAN NEUROLOGY
Highest compensated employee, 50.00 hrs/week
$2,134,903$0$72,272$2,207,175

9,966 people received more than $100,000 in reportable compensation from Ihc Health Services (Part VII, line 2). Compensation of current officers, directors and key employees totaled $45M (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$5.00B$10.0B$15.0B$20.0B201920202021202220232024$10.7B$9.51B
FilingRevenueExpensesProgramsNet assetsTop pay
2024 ⓘ$10.7B$9.51B82.3%$16.1B$9,715,356
2023 ⓘ$9.64B$8.79B83.3%$14.4B$8,297,635
2022 ⓘ$8.71B$8.06B83.7%$13.0B$6,622,751
2021 ⓘ$8.91B$7.53B84.4%$11.2B$7,230,557
2020 ⓘ$7.12B$6.74B83.2%$8.87B$5,962,297
2019 ⓘ$6.98B$6.62B85.7%$7.59B$4,864,089

Governance answers, as filed

2024 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b13 · 10 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aYes
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2Yes
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4Yes
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bYes
  • Employees Part I, line 553,049
  • Volunteers Part I, line 63,806

Largest outside contractors

2024 · Form 990, Part VII, Section B · businesses only
R1 RCM INC
Revenue cycle management
$247,928,925
SUMMIT PHYSICIAN SPECIALISTS PC
Medical
$71,972,205
UTAH VALLEY RADIOLOGY ASSOC INC
Medical
$25,705,369
ARUP LABORATORIES
Medical
$20,463,212
SOUTHWEST EMERGENCY PHYSICIANS LC
Medical
$20,027,483

Individuals listed as contractors are left out. 326 contractors were paid more than $100,000 in all.

Private foundation grants it received

1 private foundation reported grants to Ihc Health Services totaling $10,000 on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.

Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.

Correct a figure or respond

Every number above is copied from Ihc Health Services's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Ihc Health Services, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All health care charities · Largest charities in Utah

Questions people ask

How much of Ihc Health Services's spending goes to programs?

In calendar year 2024, Ihc Health Services reported that 82.3% of its $9.51 billion in expenses went to program services, 17.6% to management and general and 0.1% to fundraising (Form 990, Part IX).

How much does Ihc Health Services pay its top executive?

The largest total compensation Ihc Health Services reported for one person in calendar year 2024 was $9,715,356, for the role of FORMER OFFICER (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Ihc Health Services get its money?

Of $10.65 billion in revenue in calendar year 2024, 1.2% came from contributions and grants (including 0.7% from government grants) and 92.3% from program service revenue (Form 990, Part VIII).

Is Ihc Health Services a registered charity?

The IRS lists EIN 94-2854057 as a 501(c)(3) organization (hospital or medical research organization), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • 2024: Form 990 for calendar year 2024, object 202503119349302685 · read the filing · XML
  • 2023: Form 990 for calendar year 2023, object 202443119349301889 · read the filing
  • 2022: Form 990 for calendar year 2022, object 202313159349300546 · read the filing
  • 2021: Form 990 for calendar year 2021, object 202213139349305296 · read the filing
  • 2020: Form 990 for calendar year 2020, object 202143149349303689 · read the filing
  • 2019: Form 990 for calendar year 2019, object 202033089349302533 · read the filing

All filings for EIN 94-2854057: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.