St Vincent Hospital of the Hospital Sisters of the Third Order of St

Analysis

St Vincent Hospital of the Hospital Sisters of the Third Order of St 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 Vincent Hospital of the Hospital Sisters of the Third Order of St reported income of $673.7m and spending of $641.3m, spending 95% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $567.1m to $673.7m (+19%), an average of +4.4% a year. Over the whole period it spent 95% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, St Vincent Hospital of the Hospital Sisters of the Third Order of St sits at the 99th percentile: it is larger than about 99% 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 Altru Health System ($672.6m), Elliot Hospital of the City of Manchester ($676.6m) and Texas Childrens Physician Group ($670.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 1.1% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $487k (0.1% of expenses). Other salaries and wages came to $98.3m. At year end it held assets of $867.8m against liabilities of $138.8m, net assets of $729.0m. It reported 2,211 employees.