Alexian Brothers Health System

Analysis

Alexian Brothers Health System 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 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, Alexian Brothers Health System reported income of $201.2m and spending of $192.6m, spending 96% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $273.4m to $201.2m (-26%), an average of -7.4% a year. The sharpest change came in the year to June 2021, when income rose by 81%. Over the whole period it spent 127% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Alexian Brothers Health System sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 99th percentile within MO. Charities of a similar size with the same main cause include Duke University Affiliated Physicans Inc ($201.0m), St Joseph Mercy Chelsea Inc ($201.6m) and Seton Family of Doctors ($201.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 3.7% and program service revenue 87% of the total. Compensation of current officers, directors and key employees was $1.3m (0.7% of expenses). Other salaries and wages came to $86.4m. At year end it held assets of $264.8m against liabilities of $611.7m, net assets of -$346.9m. It reported 8,493 employees.