The St Francis Hospital Foundation Inc

Analysis

The St Francis Hospital Foundation Inc is a registered charity in United States, based in Roslyn, NY. It received its IRS tax-exemption ruling in January 1989, 37 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, The St Francis Hospital Foundation Inc reported income of $34.6m and spending of $12.9m, leaving 63% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $23.1m to $34.6m (+50%), an average of +11% a year. The sharpest change came in the year to December 2023, when income rose by 177%. Over the whole period it spent 60% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, The St Francis Hospital Foundation Inc sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 97th percentile within NY. Charities of a similar size with the same main cause include Sparrow Ionia Hospital ($34.5m), East Texas Border Health Clinic ($34.6m) and Shenandoah Valley Medical System Inc ($34.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 33% of the total. At year end it held assets of $259.8m against liabilities of $15.5m, net assets of $244.3m.