Saint Joseph Berea Hospitalfoundation Inc

Analysis

Saint Joseph Berea Hospitalfoundation Inc is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in August 2007, 19 years ago. Its declared purposes cover philanthropy, voluntarism and grantmaking foundations, which this site groups under grant-making and general purposes. 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 June 2023, Saint Joseph Berea Hospitalfoundation Inc reported income of $652k and spending of $432k, leaving 34% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $549k to $652k (+19%), an average of +4.4% a year. The sharpest change came in the year to June 2021, when income rose by 53%. Over the whole period it spent 78% of the income it received.

Among 19,413 United States charities whose main cause is grant-making and general purposes and that reported income, Saint Joseph Berea Hospitalfoundation Inc sits at the 76th percentile: it is larger than about 76% of them. Against every charity in United States with reported income it ranks in the 74th percentile, and in the 71st percentile within AZ. Charities of a similar size with the same main cause include Espina Project ($651k), Mountains Community Hospital Foundation ($652k) and Communities in Schools of Petersburg ($651k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 71% of the total. At year end it held assets of $5.4m against liabilities of $277k, net assets of $5.1m.