St Charles Hospital Corp

Analysis

St Charles Hospital Corp is a registered charity in United States, based in PRT Jefferson, NY. 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 church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, St Charles Hospital Corp reported income of $248.6m and spending of $254.1m, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $251.5m to $248.6m (-1.1%), an average of -0.3% a year. Over the whole period it spent 98% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, St Charles Hospital Corp 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 NY. Charities of a similar size with the same main cause include Baptist Memorial Hospital-Golden Triangle Inc ($247.5m), Group Health Co-Operative of Eau Claire ($248.6m) and Florida Hospital Zephyrhills Inc ($246.7m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 4.4% and program service revenue 94% of the total. Compensation of current officers, directors and key employees was $2.3m (0.9% of expenses). Other salaries and wages came to $102.7m. At year end it held assets of $128.0m against liabilities of $149.2m, net assets of -$21.2m. It reported 1,925 employees.