St Martin Hospital Inc

Analysis

St Martin Hospital Inc is a registered charity in United States, based in Breaux Bridge, LA. It received its IRS tax-exemption ruling in February 2014, 12 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 December 2023, St Martin Hospital Inc reported income of $51.5m and spending of $39.8m, leaving 23% of income unspent that year. Across the 6 years on record, from September 2019 to December 2023, income grew from $32.5m to $51.5m (+58%), an average of +9.6% a year. The sharpest change came in the year to December 2021, when income rose by 588%. Over the whole period it spent 83% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, St Martin Hospital Inc sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within LA. Charities of a similar size with the same main cause include Granite Vna Inc ($51.4m), Community Health of Central Washington ($51.6m) and Grant Memorial Hospital ($51.4m).

On its Form 990 for the period ending December 2023, revenue came from program service revenue 86% of the total. Other salaries and wages came to $12.9m. At year end it held assets of $63.9m against liabilities of $9.7m, net assets of $54.2m.