St Marys Health System

Analysis

St Marys Health System is a registered charity in United States, based in Nashua, NH. 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 Marys Health System reported income of $4.5m and spending of $3.3m, leaving 26% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $4.2m to $4.5m (+5.9%), an average of +1.4% a year. The sharpest change came in the year to December 2023, when income rose by 29%. Over the whole period it spent 101% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, St Marys Health System sits at the 78th percentile: it is larger than about 78% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 93rd percentile within NH. Charities of a similar size with the same main cause include Phoebe Foundation Inc ($4.5m), Modern Minds ($4.5m) and Authoracare Foundation ($4.5m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 80% of the total. Other salaries and wages came to $1.1m. At year end it held assets of $7.4m against liabilities of $21.3m, net assets of -$13.9m. It reported 18 employees.