St Francis Hospital

Analysis

St Francis Hospital is a registered charity in United States, based in Roslyn, 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 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 Francis Hospital reported income of $960.2m and spending of $911.3m, spending 95% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $868.8m to $960.2m (+11%), an average of +2.5% a year. Over the whole period it spent 92% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, St Francis Hospital sits at the 99th percentile: it is one of the largest 1% in its cause. 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 Bronxcare Health System ($950.1m), Variety Childrens Hospital ($974.6m) and Childrens Hospital of Wisconsin Inc ($938.0m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.4% and program service revenue 94% of the total. Compensation of current officers, directors and key employees was $12.7m (1.4% of expenses). Other salaries and wages came to $298.0m. At year end it held assets of $1.84bn against liabilities of $506.4m, net assets of $1.34bn. It reported 4,813 employees.