St Joseph Hospital

Analysis

St Joseph Hospital is a registered charity in United States, based in Nashua, NH. It received its IRS tax-exemption ruling in March 1946, 80 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, St Joseph Hospital reported income of $208.4m and spending of $206.3m, spending 99% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $163.8m to $208.4m (+27%), an average of +6.2% a year. The sharpest change came in the year to December 2021, when income rose by 15%. Over the whole period it spent 100% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, St Joseph Hospital sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 100th percentile within NH. Charities of a similar size with the same main cause include Valley Physician Services PC ($208.2m), Saint Francis Hospital Muskogee Inc ($209.7m) and Mercy Health Springfield Communities ($207.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.4% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $554k (0.3% of expenses). Other salaries and wages came to $84.9m. At year end it held assets of $72.1m against liabilities of $46.4m, net assets of $25.7m. It reported 1,508 employees.