St Josephs Hospital of the Hospital Sisters of the Third Order of St F

Analysis

St Josephs Hospital of the Hospital Sisters of the Third Order of St F 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, St Josephs Hospital of the Hospital Sisters of the Third Order of St F reported income of $47.5m and spending of $48.6m, spending 102% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $60.0m to $47.5m (-21%), an average of -5.7% a year. The sharpest change came in the year to June 2022, when income dropped by 21%. Over the whole period it spent 93% 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 of the Hospital Sisters of the Third Order of St F sits at the 93rd percentile: it is larger than about 93% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 98th percentile within IL. Charities of a similar size with the same main cause include C2c Innovative Solutions Inc ($47.5m), St Bernard Hospital Foundation Inc ($47.6m) and Cibola General Hospital Corporation ($47.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 1.1% and program service revenue 94% of the total. Compensation of current officers, directors and key employees was $496k (1.0% of expenses). Other salaries and wages came to $15.6m. At year end it held assets of $149.8m against liabilities of $17.9m, net assets of $131.9m. It reported 330 employees.