St Joseph Medical Center of Fort Wayne

Analysis

St Joseph Medical Center of Fort Wayne is a registered charity in United States, based in Hobart, IN. It received its IRS tax-exemption ruling in November 1990, 36 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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, St Joseph Medical Center of Fort Wayne reported income of $86k and spending of $228k, spending 264% of what it took in. Across the 3 years on record, from December 2021 to December 2023, income fell from $1.3m to $86k (-93%), an average of -74% a year. The sharpest change came in the year to December 2022, when income dropped by 92%. Over the whole period it spent 59% 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 Medical Center of Fort Wayne sits at the 25th percentile: it is larger than about 25% of them. Against every charity in United States with reported income it ranks in the 33rd percentile, and in the 30th percentile within IN. Charities of a similar size with the same main cause include Vo VI Friendship Association in Washington ($86k), Good Shepherd Hospital Auxiliary ($86k) and Hope Totes Inc ($86k).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 80% of the total. At year end it held assets of $2.0m against liabilities of $1.4m, net assets of $576k.