St Thomas Community Health Center Inc

Analysis

St Thomas Community Health Center Inc is a registered charity in United States, based in New Orleans, LA. It received its IRS tax-exemption ruling in August 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 (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, St Thomas Community Health Center Inc reported income of $24.1m and spending of $29.9m, spending 124% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $24.0m to $24.1m (+0.7%), an average of +0.2% a year. The sharpest change came in the year to December 2023, when income dropped by 27%. 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 Thomas Community Health Center Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 98th percentile within LA. Charities of a similar size with the same main cause include Crossnore Communities for Children ($24.1m), Rape Abuse and Incest National Network Inc ($24.2m) and Highland-Clarksburg Hospital Inc ($24.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 17% and program service revenue 41% of the total. Compensation of current officers, directors and key employees was $2.8m (9.5% of expenses). Other salaries and wages came to $11.8m. It paid $23k in professional fundraising fees. At year end it held assets of $35.7m against liabilities of $14.8m, net assets of $20.9m. It reported 231 employees.