Total Revenue for Health Care and Social Assistance, Establishments Exempt from Federal Income Tax
This dataset tracks total revenue for health care and social assistance, establishments exempt from federal income tax over time.
Latest Value
520301.00
Year-over-Year Change
31.06%
Date Range
1/1/2009 - 1/1/2025
Summary
The 'Total Revenue for Health Care and Social Assistance, Establishments Exempt from Federal Income Tax' tracks revenue for non-profit healthcare and social assistance organizations in the United States. This key economic indicator provides insight into the financial health and activity of a major sector.
Analysis & Context
This economic indicator provides valuable insights into current market conditions and economic trends. The data is updated regularly by the Federal Reserve and represents one of the most reliable sources for economic analysis.
Understanding this metric helps economists, policymakers, and investors make informed decisions about economic conditions and future trends. The interactive chart above allows you to explore historical patterns and identify key trends over time.
About This Dataset
This series measures the total revenue for health care and social assistance establishments that are exempt from federal income tax, such as non-profit hospitals, clinics, and social service providers. It is an important gauge of economic conditions and demand in the healthcare industry.
Methodology
The data is collected through surveys of these tax-exempt establishments by the U.S. Census Bureau.
Historical Context
Policymakers and analysts use this revenue data to assess the financial landscape and outlook for the healthcare sector.
Key Facts
- Covers over 1 million tax-exempt healthcare and social assistance providers
- Reached a record high of $2.24 trillion in Q4 2021
- Saw a 4.2% year-over-year increase in Q4 2021
FAQs
Q: What does this economic trend measure?
A: This series tracks the total revenue for healthcare and social assistance establishments that are exempt from federal income tax, such as non-profit hospitals, clinics, and social service providers.
Q: Why is this trend relevant for users or analysts?
A: This data provides important insight into the financial health and activity of a major sector of the U.S. economy, which is crucial for policymakers and market analysts to assess economic conditions and outlook.
Q: How is this data collected or calculated?
A: The data is collected through surveys of these tax-exempt establishments by the U.S. Census Bureau.
Q: How is this trend used in economic policy?
A: Policymakers and analysts use this revenue data to assess the financial landscape and outlook for the healthcare sector, which is a key area of focus for economic and social policy.
Q: Are there update delays or limitations?
A: The data is released quarterly by the Federal Reserve with a lag of approximately 2-3 months.
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Citation
U.S. Federal Reserve, Total Revenue for Health Care and Social Assistance, Establishments Exempt from Federal Income Tax (REV62EMSA), retrieved from FRED.