St Vincent Health Inc

Analysis

St Vincent Health Inc is a registered charity in United States, based in Saint Louis, MO. It received its IRS tax-exemption ruling in April 1999, 27 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 June 2023, St Vincent Health Inc reported income of $123.5m and spending of $126.0m, spending 102% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $273.7m to $123.5m (-55%), an average of -18% a year. The sharpest change came in the year to June 2023, when income dropped by 51%. Over the whole period it spent 102% 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 Health Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within MO. Charities of a similar size with the same main cause include Uintah Basin Medical Center ($123.4m), Mountain Comprehensive Care Center Inc ($123.6m) and Childrens Hospital Foundation ($123.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.7% and program service revenue 99% of the total. At year end it held assets of $113.0m against liabilities of $177.6m, net assets of -$64.6m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.