Prisma Health EIN 82-2595551

Prisma Health

EIN  82-2595551 Supporting organization Greenville, SC Founded 2017
Form 990 (PDF) Compare with another nonprofit →
Verified accurate 7/6/26 · see original filing: IRS
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Size
$100M+
What they do
Provides high-quality patient care, reduces health disparities, and improves healthcare access and affordability across South Carolina through clinical services and academic programs.
Leadership
Mark S O'Halla · President and CEO of Prisma Health · $2.2M
Money in and out
$136.6M revenue, $111.6M expenses
Bottom line
+18% net inflow

Provides high-quality patient care, reduces health disparities, and improves healthcare access and affordability across South Carolina through clinical services and academic programs. For fiscal year 2024 it reported $136.6M in revenue, $111.6M in expenses, and $1.6B in net assets.Pt I

Money in and out · FY2024
Total revenue
$136.6M
Pt VIII · Ln 12
Total expenses
$111.6M
Pt IX · Ln 25
Net assets
$1.6B
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): $25.0M
Where spending went · Part IX cols B–D
Program services $0.73 Management & general $0.27
Net inflow
+18%
revenue over expenses, this year▼ -44% vs prior filing year
Pass-through gifts
7%
of revenue from contributions▼ -5% vs prior filing year
Program spending
73%
of expenses reach stated programs▼ -8% vs prior filing year

Summary of the Filing

Part I · fiscal year 2024 · Form 990
Revenue
$136.6M
FY2024▼ -38%
Expenses
$111.6M
FY2024▼ -25%
Total assets
$3.8B
FY2024▲ +42%
Total liabilities
$2.2B
FY20240%
Total revenue
$136.6M
Pt VIII · Ln 12
Total expenses
$111.6M
Pt IX · Ln 25
Net assets
$1.6B
Pt X · Ln 32
Revenue less expensesPt I · Ln 19$25.0M
Total assetsPt X · Ln 16$3.8B
Program-expense ratioPt IX · col B73%
Voting members of governing bodyPt I · Ln 311
Independent voting membersPt I · Ln 48
Mission & Programs · Part III

Where the work happens

1 program service account for $81.6M of program spending, described in the organization's own filed words · FY2023.
01

Prisma health was formed to create a better state of health for south carolina. Prisma health is striving to reach that goal by providing high quality patient care, decreasing health disparities, removing access barriers, developing new clinical services and academic programs, shaping health policy, and addressing healthcare…

$81.6Mprogram expense

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Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CPrisma Health
EINHdr · item D82-2595551
Principal addressHdr · item CGreenville, SC
WebsiteHdr · item Jwww.prismahealth.org
Year of formationHdr · item L2017
State of legal domicileHdr · item MSC
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFHospitals (E21)
Ruling yearIRS BMFDec 2017

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a11
Independent voting membersPt VI · Ln 1b8
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2023); the FY2024 filing did not itemize Part VII
President and CEO of Prisma Health
$2,188,170Pt VII · Sec A
Frmr EVP Chief Legal Officer (until 9/30/23)
$1,886,612Pt VII · Sec A
EVP Chief Operating Officer
$1,816,409Pt VII · Sec A
EVP Chief Financial Officer
$1,747,652Pt VII · Sec A
EVP Chief Clinical Officer
$1,560,078Pt VII · Sec A
Frmr Svp-Acute Care Svcs & Chief Nursing Exec (until 9/30/23)
$1,385,090Pt VII · Sec A
SVP Chief Information Officer
$1,368,273Pt VII · Sec A
EVP Chief HR and Diversity Officer
$1,214,326Pt VII · Sec A

Mark S O'Halla’s $2.2M as President and CEO of Prisma Health is at the 85th percentile of top reported officer pay among 1754 $100M+ health care nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Mark S O'Halla$2,188,170$1,742,463$1,682,042
Howard P West$1,886,612$1,131,273$1,060,821
Clarence M Sevillian II$1,816,409$726,478$649,775
Matthew M Elsey$1,747,652$84,085
Mark S O'Halla$1,560,326$752,796
Jonathan L Gleason MD$1,560,078$1,075,554
Charles D Beaman JR$1,524,772
Gregory J Rusnak$515,663$702,220$1,417,713

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Statement of Revenue

Part VIII
Investment income$70.1M · 51%
Program service revenue$50.0M · 37%
Contributions & grants$9.0M · 7%
Other revenue$7.4M · 5%
Investment income51%$70.1M
Program service revenue37%$50.0M
Contributions & grants7%$9.0M
Other revenue5%$7.4M
— government grantsLn 1e$9.0M
Total revenueLn 12$136.6M

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.73 Management & general $0.27
Program services73%$81.6M
Management & general27%$29.9M
Total functional expensesLn 25$111.6M

Balance Sheet

Part X · end of year
CashLn 1$790.7M
Total assetsLn 16$3.8B
Total liabilitiesLn 26$2.2B
Total net assetsLn 32$1.6B
Months of cash on handcomputed85.1

Financial Metrics

Form 990 · FY2024 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $3.0B · Operating expenses/yr $111.6M
325.2 months
Where the money goes
Program services
Program services $81.6M · Total expenses $111.6M
73%
Management & General
Management & general $29.9M · Total expenses $111.6M
27%
Fundraising
Fundraising $0 · Total expenses $111.6M
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $0
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $9.0M · Total revenue $136.6M
7%
Government reliance
Government grants $9.0M · Total revenue $136.6M
7%
Earned-income share
Program service revenue $50.0M · Total revenue $136.6M
37%
Investment reliance
Investment income $70.1M · Total revenue $136.6M
+51%
Program self-sufficiency
Program service revenue $50.0M · Total expenses $111.6M
45%
Growth & trend
Revenue growth (YoY)
This year $136.6M · Prior year $221.3M
-38%
Revenue CAGR
FY2019 $151.7M · FY2023 $136.6M
-3%
Net-asset trend (YoY)
End of year $1.6B · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $136.6M · Expenses $111.6M
+18%
Liabilities-to-Assets
Total liabilities — · Total assets $3.8B
Net-asset ratio
Net assets $1.6B · Total assets $3.8B
42%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) $2.2B · Other securities (Pt X, ln 12) $28.7M · Total assets (Pt X, ln 16) $3.8B
58%
People & payroll
Highest Reported Total Compensation
Individual Mark S O'Halla · Reported title President and CEO of Prisma Health · Highest reported compensation $2.2M · Total expenses $111.6M
2%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $533.2M · Total expenses $111.6M
not reported
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 73%
Overhead ratio 27%
Fundraising cost ratio 0%
Revenue growth -38%
Legal fee ratio 3%
Accounting fee ratio 6%

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Grants

Schedule I · received and paid
Grants received · FY2025
Total grants receivedfrom 1 funder$118K
Grants paid · 316 grants · $109.4M · 2020–2023
USC School of MedicineSC · FY2023$24,007,500
Prisma Health-Upstate FoundationSC · FY2023$2,290,394
Tuomey FoundationSC · FY2023$412,306
Well Partners Dental and Eye HealthSC · FY2023$345,000
City of ColumbiaFY2023$200,000
Greenville County RecFY2023$150,000
County of GreenvilleFY2023$125,000
A Child's Haven INCSC · FY2023$101,800
Foothills Area YMCASC · FY2023$100,000
Favor UpstateSC · FY2023$78,000
Aha Ecc DistributionTX · FY2023$67,500
See all 316 grants →

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2024 (Latest)$136.6M revenue · viewing · ⤓ 990 PDF
FY2023$221.3M revenue · ⤓ 990 PDF
FY2022$324.7M revenue · ⤓ 990 PDF
FY2021$125.8M revenue · ⤓ 990 PDF
FY2020$151.7M revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2024IRS
Classification, formation year, addressIRS Business Master File
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