Sisters of Charity of St Augustine Health System Inc

Analysis

Sisters of Charity of St Augustine Health System Inc is a registered charity in United States, based in Cleveland, OH. It received its IRS tax-exemption ruling in March 1946, 80 years ago. Its declared purposes cover religion-related, which this site groups under religion. 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, Sisters of Charity of St Augustine Health System Inc reported income of $2.8m and spending of $7.6m, spending 272% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income fell from $7.3m to $2.8m (-62%), an average of -21% a year. The sharpest change came in the year to December 2020, when income rose by 48%. Over the whole period it spent 136% of the income it received.

Among 31,138 United States charities whose main cause is religion and that reported income, Sisters of Charity of St Augustine Health System Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 88th percentile, and in the 88th percentile within OH. Charities of a similar size with the same main cause include World Covenant Ministries Inc ($2.8m), Murray Hill Place Inc ($2.8m) and Creative Ministries Inc ($2.8m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 13% and program service revenue 62% of the total. Compensation of current officers, directors and key employees was $2.3m (30% of expenses). Other salaries and wages came to $1.4m. At year end it held assets of $23.6m against liabilities of $3.0m, net assets of $20.6m. It reported 130 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.