Washington University Medical Center

Analysis

Washington University Medical Center is a registered charity in United States, based in Saint Louis, MO. It received its IRS tax-exemption ruling in September 1967, 59 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Washington University Medical Center reported income of $1.6m and spending of $1.8m, spending 111% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $1.7m to $1.6m (-5.0%), an average of -1.3% a year. The sharpest change came in the year to June 2022, when income rose by 55%. Over the whole period it spent 116% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Washington University Medical Center sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 84th percentile, and in the 82nd percentile within MO. Charities of a similar size with the same main cause include Centre County United Way ($1.6m), Our Lady of Angels Apartments Inc ($1.6m) and Habitat for Humanity International Inc ($1.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 3.1% and program service revenue 91% of the total. At year end it held assets of $14.0m against liabilities of $2.2m, net assets of $11.8m.