St Vincent Williamsport Hospital Inc

Analysis

St Vincent Williamsport Hospital Inc is a registered charity in United States, based in Saint Louis, MO. It received its IRS tax-exemption ruling in March 1946, 80 years ago. 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 June 2023, St Vincent Williamsport Hospital Inc reported income of $24.5m and spending of $24.2m, spending 99% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $20.4m to $24.5m (+20%), an average of +4.6% a year. The sharpest change came in the year to June 2021, when income rose by 21%. Over the whole period it spent 99% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, St Vincent Williamsport Hospital Inc sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 96th percentile within MO. Charities of a similar size with the same main cause include Petersburg Medical Center ($24.5m), Mercy Hospital Logan County Inc ($24.5m) and Oak Grove Institute Foundation Inc ($24.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 1.3% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $258k (1.1% of expenses). Other salaries and wages came to $8.1m. At year end it held assets of $9.4m against liabilities of $10.6m, net assets of -$1.3m. It reported 157 employees.