Presence St Marys Hospital Presence Central and Suburban Hospitals Net

Analysis

Presence St Marys Hospital Presence Central and Suburban Hospitals Net 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, Presence St Marys Hospital Presence Central and Suburban Hospitals Net reported income of $825.2m and spending of $875.4m, spending 106% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $831.3m to $825.2m (-0.7%), an average of -0.2% a year. 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, Presence St Marys Hospital Presence Central and Suburban Hospitals Net sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 100th percentile within MO. Charities of a similar size with the same main cause include Virginia Hospital Center Arlington Health System ($824.9m), Wa Foote Memorial Hospital ($828.1m) and Owensboro Health Regional Hospital ($822.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.4% and program service revenue 99% of the total. At year end it held assets of $476.4m against liabilities of $219.4m, net assets of $257.0m.