Sacred Heart Hospital of the Hospit Al Sisters-3rd Order of St Francis

Analysis

Sacred Heart Hospital of the Hospit Al Sisters-3rd Order of St Francis is a registered charity in United States, based in Springfield, IL. 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, Sacred Heart Hospital of the Hospit Al Sisters-3rd Order of St Francis reported income of $228.8m and spending of $244.5m, spending 107% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $219.5m to $228.8m (+4.2%), an average of +1.0% a year. The sharpest change came in the year to June 2021, when income rose by 17%. Over the whole period it spent 100% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Sacred Heart Hospital of the Hospit Al Sisters-3rd Order of St Francis 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 100th percentile within IL. Charities of a similar size with the same main cause include Santiam Memorial Hospital ($228.7m), Beckman Research Institute ($229.1m) and Ascension Health ($228.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.3% and program service revenue 91% of the total. Compensation of current officers, directors and key employees was $392k (0.2% of expenses). Other salaries and wages came to $51.0m. At year end it held assets of $695.8m against liabilities of $67.9m, net assets of $627.9m. It reported 1,092 employees.