St Josephs Medical PC

Analysis

St Josephs Medical PC is a registered charity in United States, based in Troy, NY. It received its IRS tax-exemption ruling in August 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 supporting organisation (type i) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, St Josephs Medical PC reported income of $151.0m and spending of $156.0m, spending 103% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $137.3m to $151.0m (+9.9%), an average of +2.4% a year. Over the whole period it spent 101% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, St Josephs Medical PC sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within NY. Charities of a similar size with the same main cause include Fort Healthcare Inc ($150.6m), Gottlieb Memorial Hospital ($151.3m) and Reynolds Memorial Hospital Inc ($150.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 26% and program service revenue 74% of the total. Compensation of current officers, directors and key employees was $433k (0.3% of expenses). Other salaries and wages came to $91.0m. At year end it held assets of $35.9m against liabilities of $25.7m, net assets of $10.2m. It reported 950 employees.