St Francis Medical Center

Analysis

St Francis Medical Center is a registered charity in United States, based in Phoenix, AZ. 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 Francis Medical Center reported income of $20.0m and spending of $20.2m, spending 101% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $23.8m to $20.0m (-16%), an average of -4.2% a year. Over the whole period it spent 90% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, St Francis Medical Center sits at the 88th percentile: it is larger than about 88% of them. Against every charity in United States with reported income it ranks in the 97th percentile, and in the 96th percentile within AZ. Charities of a similar size with the same main cause include Community Health Care Systems Inc ($20.0m), St Vincent Seton Specialty Hospital Inc ($20.0m) and American Health Foundation Inc ($20.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 2.9% and program service revenue 87% of the total. Compensation of current officers, directors and key employees was $38k (0.2% of expenses). Other salaries and wages came to $5.9m. At year end it held assets of $122.4m against liabilities of $29.1m, net assets of $93.3m. It reported 229 employees.