St Marys Hospital Memorial Foundation

Analysis

St Marys Hospital Memorial Foundation is a registered charity in United States, based in Saint Louis, MO. It received its IRS tax-exemption ruling in December 1969, 57 years ago. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, St Marys Hospital Memorial Foundation reported income of $1.3m and spending of $1.6m, spending 123% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $2.1m to $1.3m (-37%), an average of -11% a year. The sharpest change came in the year to June 2023, when income dropped by 39%. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, St Marys Hospital Memorial Foundation sits at the 81st percentile: it is larger than about 81% of them. Against every charity in United States with reported income it ranks in the 82nd percentile, and in the 80th percentile within MO. Charities of a similar size with the same main cause include Anishinabe Legal Service Inc ($1.3m), International Insurance Society Inc ($1.3m) and Laporte County Agricultural Association ($1.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 81% of the total. At year end it held assets of $14.9m against liabilities of $537k, net assets of $14.3m.