St Nicholas Hospital of the Hospital Sisters of the Third

Analysis

St Nicholas Hospital of the Hospital Sisters of the Third 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 church under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, St Nicholas Hospital of the Hospital Sisters of the Third reported income of $116.2m and spending of $123.0m, spending 106% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $121.1m to $116.2m (-4.1%), an average of -1.0% a year. The sharpest change came in the year to June 2021, when income rose by 23%. Over the whole period it spent 97% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, St Nicholas Hospital of the Hospital Sisters of the Third sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within IL. Charities of a similar size with the same main cause include Munson Healthcare Otsego Memorial Hospital ($116.1m), Project Renewal Inc ($116.5m) and Epidaurus ($115.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.2% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $518k (0.4% of expenses). Other salaries and wages came to $18.1m. At year end it held assets of $145.1m against liabilities of $25.8m, net assets of $119.3m. It reported 422 employees.