St Vincent Seton Specialty Hospital Inc

Analysis

St Vincent Seton Specialty 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. Its declared purposes cover diseases, disorders and medical disciplines, 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 Vincent Seton Specialty Hospital Inc reported income of $20.0m and spending of $18.4m, spending 92% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $31.7m to $20.0m (-37%), an average of -11% a year. The sharpest change came in the year to June 2023, when income dropped by 25%. Over the whole period it spent 88% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, St Vincent Seton Specialty Hospital Inc sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 96th percentile within MO. Charities of a similar size with the same main cause include St Francis Medical Center ($20.0m), Advocate Health Care Network ($20.0m) and Community Health Care Systems Inc ($20.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.1% and program service revenue 100% of the total. Other salaries and wages came to $7.4m. At year end it held assets of $13.0m against liabilities of $3.3m, net assets of $9.7m. It reported 145 employees.