St Bernard Hospital Foundation Inc

Analysis

St Bernard Hospital Foundation Inc is a registered charity in United States, based in Chalmette, LA. It received its IRS tax-exemption ruling in October 2012, 14 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 under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, St Bernard Hospital Foundation Inc reported income of $47.6m and spending of $46.3m, spending 97% of its income. Across the 5 years on record, from December 2019 to December 2023, income fell from $59.5m to $47.6m (-20%), an average of -5.4% a year. The sharpest change came in the year to December 2021, when income rose by 69%. Over the whole period it spent 97% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, St Bernard Hospital Foundation 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 St Josephs Hospital of the Hospital Sisters of the Third Order of St F ($47.5m), Family Health Center ($47.7m) and C2c Innovative Solutions Inc ($47.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 100% and program service revenue 0.2% of the total. Compensation of current officers, directors and key employees was $658k (1.4% of expenses). Other salaries and wages came to $7.8m. At year end it held assets of $38.5m against liabilities of $89.0m, net assets of -$50.5m. It reported 103 employees.