St Josephs Hospital Foundation

Analysis

St Josephs Hospital Foundation is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in February 1986, 40 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 Josephs Hospital Foundation reported income of $559k and spending of $226k, leaving 60% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income fell from $596k to $559k (-6.1%), an average of -1.6% a year. The sharpest change came in the year to June 2022, when income rose by 51%. Over the whole period it spent 116% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, St Josephs Hospital Foundation sits at the 57th percentile: it is larger than about 56% of them. Against every charity in United States with reported income it ranks in the 72nd percentile, and in the 69th percentile within AZ. Charities of a similar size with the same main cause include New Hope Grief Support Community ($559k), Hap Eduaction and Research Services ($559k) and National Embryo Adoption Center ($559k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 33% and program service revenue 2.4% of the total. At year end it held assets of $6.9m against liabilities of $17k, net assets of $6.8m.