Saint Joseph Regional Medical Center-South Bend Campus Inc

Analysis

Saint Joseph Regional Medical Center-South Bend Campus Inc is a registered charity in United States, based in Mishawaka, IN. It received its IRS tax-exemption ruling in March 1946, 80 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, Saint Joseph Regional Medical Center-South Bend Campus Inc reported income of $378.9m and spending of $398.4m, spending 105% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $398.4m to $378.9m (-4.9%), an average of -1.2% a year. Over the whole period it spent 100% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Saint Joseph Regional Medical Center-South Bend Campus 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 100th percentile, and in the 100th percentile within IN. Charities of a similar size with the same main cause include Henry Ford Health Genesys Hospital ($378.8m), Pih Health Good Samaritan Hospital ($379.1m) and Blood Cancer United Inc ($378.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.4% and program service revenue 98% of the total. Compensation of current officers, directors and key employees was $581k (0.1% of expenses). Other salaries and wages came to $121.0m. At year end it held assets of $1.10bn against liabilities of $1.04bn, net assets of $62.1m.