South County Health
Overview
Mission
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What it reported doing in 2023
South county hospital healthcare system (the hospital) is an independent, non-profit, acute-care hospital, serving the communities of southern Rhode Island, offering the latest advances in technology and a comprehensive range of medical and surgical services delivered by expert physicians and highly trained staff. The south county hospital healthcare system is committed to its community and guided by the values of caring, respect, integrity, excellence, partnership and stewardship. For more information, see schedule o.
Operating model
- Revenue model
- Earned-program. 99% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Direct operator. The nonprofit carried out 100% of its reported program work directly.
Nonprofit profile at a glance
- EIN
- 050445136
- IRS 990 coverage
- 2009–2023
- Website reviewed
- Jul 2026
- Forms available
- Form 990 2023, Form 990-T 2023
- Headquarters
- Wakefield, RI, USA
- Rating
- 79
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Hospitals
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Fundraising costs are high for each dollar raised and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 84
- Transparency & Controls: 74
- Accountability: 85
- Sustainability: 29
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 92.5%; rating input score 92
- Program expense ratio: 92.5%; rating input score 92
- Fundraising efficiency: $5 raised per $1 spent on fundraising; rating input score 22; 22nd percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 71st percentile among comparable filings
- Pay-setting controls: 4 of 6 controls in place; rating input score 67
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Yes; rating input score 100
- Public monitoring controls: 1 of 8 controls in place; rating input score 12
- Public policy transparency: 3 of 7 controls in place; rating input score 43
- Public financial transparency: 1 of 5 controls in place; rating input score 20
- Impact reporting controls: 1 of 7 controls in place; rating input score 14
- Public relationship transparency: No; rating input score 0
Accountability
- Independent voting board: 86.7%; rating input score 87; 34th percentile among comparable filings
- Governance controls: 9 of 9 controls in place; rating input score 100
- Public governance controls: 1 of 4 controls in place; rating input score 25
- Zakat policy transparency: Limited
Sustainability
- Operating margin: -0.2%; rating input score 29; 29th percentile among comparable filings
- Operating reserve ratio: 0.76; rating input score 30; 30th percentile among comparable filings
- Liabilities to assets ratio: 0.6; rating input score 29; 29th percentile among comparable filings
- Officer compensation ratio: 3.5%; rating input score 30; 30th percentile among comparable filings
Growth
- Program expense growth: 7.1% per year; rating input score 100; 59th percentile among comparable filings
- Revenue growth: 5.6% per year; rating input score 100; 51st percentile among comparable filings
- Asset growth: 4.8% per year; rating input score 100; 35th percentile among comparable filings
Details
- What they do: Mission, programs, and operating context captured from the official website.
- Where the money goes: 92.5% of revenue deployed · 92.5% of spending went to programs
- Governance: 13 of 15 board members independent · 9 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $221.3M in reported program spending
- Leadership: top reported pay $914K · 33 people listed · 4 of 6 pay-setting controls reported
- Consistency: 37 of 37 current checks pass
- Schedules: 10 filed schedules · includes major donors, executive pay, and related organizations
- Filing history: 15 annual filings from 2009 to 2023
- Money network: 18 filed money-flow records
- Related organizations: 7 filed related-organization links