St Francis Physician Services Inc

Analysis

St Francis Physician Services Inc is a registered charity in United States, based in Greenville, SC. It received its IRS tax-exemption ruling in December 2006, 20 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, St Francis Physician Services Inc reported income of $32.2m and spending of $63.0m, spending 196% of what it took in. Across the 6 years on record, from August 2019 to December 2023, income fell from $171.8m to $32.2m (-81%), an average of -28% a year. The sharpest change came in the year to December 2020, when income rose by 228%. Over the whole period it spent 153% 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 Physician Services 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 99th percentile within SC. Charities of a similar size with the same main cause include Evergreen Center Inc ($32.1m), Willamette Family Medical Center ($32.2m) and American Gastroenterological Association Institute Inc ($32.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.0% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $2.5m (4.0% of expenses). Other salaries and wages came to $25.1m. At year end it held assets of $98.3m against liabilities of $62.6m, net assets of $35.7m. It reported 266 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.