St Catherine of Siena Medical Center Foundation

Analysis

St Catherine of Siena Medical Center Foundation is a registered charity in United States, based in Smithtown, NY. It received its IRS tax-exemption ruling in March 1946, 80 years ago. The IRS classifies it as a church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, St Catherine of Siena Medical Center Foundation reported income of $321k and spending of $210k, leaving 35% of income unspent that year. Across the 5 years on record, from December 2019 to December 2023, income grew from $280k to $321k (+15%), an average of +3.5% a year. The sharpest change came in the year to December 2022, when income rose by 142%. Over the whole period it spent 62% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, St Catherine of Siena Medical Center Foundation sits at the 61st percentile: it is larger than about 61% of them. Against every charity in United States with reported income it ranks in the 63rd percentile, and in the 60th percentile within NY. Charities of a similar size with the same main cause include Russia Community Fire Co ($321k), Alamo Heights Mule Team Inc ($321k) and Nfria Wserc Conservation Center Inc ($321k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 121% of the total. Other salaries and wages came to $170k. At year end it held assets of $2.7m against liabilities of $1.7m, net assets of $1.0m.