Saint Barnabas Health Care System Foundation Inc

Analysis

Saint Barnabas Health Care System Foundation Inc is a registered charity in United States, based in Oceanport, NJ. It received its IRS tax-exemption ruling in March 2001, 25 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, Saint Barnabas Health Care System Foundation Inc reported income of $1.2m and spending of $3.3m, spending 270% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $493k to $1.2m (+147%), an average of +25% a year. The sharpest change came in the year to December 2021, when income rose by 3229%. Over the whole period it spent 17% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Saint Barnabas Health Care System Foundation Inc sits at the 66th percentile: it is larger than about 66% of them. Against every charity in United States with reported income it ranks in the 81st percentile, and in the 84th percentile within NJ. Charities of a similar size with the same main cause include Dysautonomia Foundation Inc ($1.2m), Unravel ($1.2m) and Lifeact ($1.2m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 90% and program service revenue 5.1% of the total. At year end it held assets of $123.3m against liabilities of $18.9m, net assets of $104.4m.