St Josephs Health Center Properties Inc

Analysis

St Josephs Health Center Properties Inc is a registered charity in United States, based in Syracuse, NY. It received its IRS tax-exemption ruling in September 1972, 54 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 Josephs Health Center Properties Inc reported income of $9.1m and spending of $11.5m, spending 126% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $9.6m to $9.1m (-4.8%), an average of -1.2% a year. The sharpest change came in the year to June 2020, when income rose by 28%. Over the whole period it spent 100% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, St Josephs Health Center Properties Inc 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 95th percentile, and in the 93rd percentile within NY. Charities of a similar size with the same main cause include Youth First Inc ($9.1m), Redwood Coast Medical Services Inc ($9.1m) and Public Health Institute of Metropolitan Chicago ($9.1m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 98% of the total. At year end it held assets of $44.1m against liabilities of $43.2m, net assets of $944k.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.