Presence Health Partners Services

Analysis

Presence Health Partners Services is a registered charity in United States, based in Saint Louis, MO. It received its IRS tax-exemption ruling in January 1968, 58 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, Presence Health Partners Services reported income of $168k and spending of $3.5m, spending 2086% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $49.5m to $168k (-100%), an average of -76% a year. The sharpest change came in the year to June 2021, when income rose by 4528%. Over the whole period it spent 141% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Presence Health Partners Services sits at the 37th percentile: it is larger than about 37% of them. Against every charity in United States with reported income it ranks in the 50th percentile, and in the 47th percentile within MO. Charities of a similar size with the same main cause include Outpacing Melanoma Foundation ($168k), Community Living Residents Inc ($168k) and Ok You Inc ($168k).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. At year end it held assets of $155k against liabilities of $1.2m, net assets of -$1.0m.

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.