Chi St Vincent Hot Springs

Analysis

Chi St Vincent Hot Springs is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in July 2013, 13 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 (type ii) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Chi St Vincent Hot Springs reported income of $2.7m and spending of $7.2m, spending 261% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.8m to $2.7m (+51%), an average of +11% a year. The sharpest change came in the year to June 2020, when income rose by 61%. Over the whole period it spent 269% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Chi St Vincent Hot Springs sits at the 74th percentile: it is larger than about 74% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 86th percentile within AZ. Charities of a similar size with the same main cause include Bacharach Hospital Foundation Inc ($2.7m), Partnerships for Trauma Recovery ($2.7m) and Union General Ambulance Service Inc ($2.7m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $134.8m against liabilities of $157.6m, net assets of -$22.8m.

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.