St Gertrudes Health Center
Analysis
St Gertrudes Health Center is a registered charity in United States, based in Minneapolis, MN. It received its IRS tax-exemption ruling in March 1946, 80 years ago. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.
In the financial year ending June 2023, St Gertrudes Health Center reported income of $18.3m and spending of $20.6m, spending 113% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $19.4m to $18.3m (-5.7%), an average of -1.4% a year. The sharpest change came in the year to June 2021, when income dropped by 17%. Over the whole period it spent 102% of the income it received.
Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, St Gertrudes Health Center 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 97th percentile, and in the 97th percentile within MN. Charities of a similar size with the same main cause include Kids Above All Illinois ($18.3m), Institute for the Redesign of Learning ($18.3m) and Sunnyside Community Services Inc ($18.3m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.4% and program service revenue 99% of the total. Other salaries and wages came to $8.2m. At year end it held assets of $16.5m against liabilities of $10.7m, net assets of $5.8m. It reported 296 employees.
Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.
Income and spending
Where the income comes from
- Contributions & grants 0.4%
- Program services 99%
- Other 0.2%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Kids Above All Illinois | Chicago | $18.3m |
| Institute for the Redesign of Learning | S Pasadena | $18.3m |
| Sunnyside Community Services Inc | Sunnyside | $18.3m |
| Highland-Valley Elder Services Inc | Florence | $18.3m |