St John Providence

Analysis

St John Providence is a registered charity in United States, based in Detroit, MI. 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 supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, St John Providence reported income of $85.4m and spending of $87.2m, spending 102% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $213.0m to $85.4m (-60%), an average of -20% a year. The sharpest change came in the year to June 2023, when income dropped by 49%. Over the whole period it spent 98% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, St John Providence sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within MI. Charities of a similar size with the same main cause include Community Health Care ($85.3m), Mount Desert Island Hospital ($85.5m) and Didi Hirsch Psychiatric Service ($85.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.6% and program service revenue 91% of the total. Compensation of current officers, directors and key employees was $830k (1.0% of expenses). Other salaries and wages came to $35.6m. At year end it held assets of $64.8m against liabilities of $593.8m, net assets of -$529.0m. It reported 1,846 employees.