St Mary Medical Center

Analysis

St Mary Medical Center is a registered charity in United States, based in Langhorn, PA. 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 hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, St Mary Medical Center reported income of $409.6m and spending of $413.9m, spending 101% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $438.5m to $409.6m (-6.6%), an average of -1.7% a year. The sharpest change came in the year to June 2021, when income rose by 23%. Over the whole period it spent 93% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, St Mary Medical Center sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 100th percentile within PA. Charities of a similar size with the same main cause include Sentara Princess Anne Hospital ($409.1m), Promedica Central Physicians LLC ($410.4m) and Frederick Health Hospital Inc ($408.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.4% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $843k (0.2% of expenses). Other salaries and wages came to $146.0m. At year end it held assets of $963.9m against liabilities of $53.6m, net assets of $910.3m. It reported 2,737 employees.