Life St Mary

Analysis

Life St Mary is a registered charity in United States, based in Livonia, MI. It received its IRS tax-exemption ruling in April 2011, 15 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a hospital or medical research organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Life St Mary reported income of $27.0m and spending of $20.9m, leaving 23% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $22.4m to $27.0m (+21%), an average of +4.9% a year. Over the whole period it spent 79% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Life St Mary sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within MI. Charities of a similar size with the same main cause include Low Country Health Care System ($27.0m), Green Country Behavioral Health Services Inc ($27.0m) and Overlook Masonic Health Center Inc ($27.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.8% and program service revenue 98% of the total. Other salaries and wages came to $6.0m. At year end it held assets of $19.0m against liabilities of $7.0m, net assets of $12.0m.