St Joseph Hospital & Health Center Inc

Analysis

St Joseph Hospital & Health Center Inc is a registered charity in United States, based in Kokomo, 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, St Joseph Hospital & Health Center Inc reported income of $173.8m and spending of $159.3m, spending 92% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $168.3m to $173.8m (+3.3%), an average of +0.8% a year. Over the whole period it spent 87% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, St Joseph Hospital & Health Center Inc sits at the 97th percentile: it is larger than about 96% 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 Human Care Services for Families & Children Inc ($173.7m), Upmc ($174.1m) and Community Health Center Incorporated ($173.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.6% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $382k (0.2% of expenses). Other salaries and wages came to $41.3m. At year end it held assets of $67.0m against liabilities of $45.3m, net assets of $21.8m. It reported 779 employees.