SSM Health Foundation St Louis

Analysis

SSM Health Foundation St Louis is a registered charity in United States, based in Saint Louis, MO. It received its IRS tax-exemption ruling in March 1946, 80 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending December 2023, SSM Health Foundation St Louis reported income of $5.5m and spending of $5.4m, spending 98% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $5.4m to $5.5m (+2.7%), an average of +0.7% a year. The sharpest change came in the year to December 2021, when income rose by 149%. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, SSM Health Foundation St Louis sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 91st percentile within MO. Charities of a similar size with the same main cause include Represent US Education Fund ($5.5m), Hispanic Association on Corporate Responsibility ($5.5m) and Carlsbad Educational Foundation ($5.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 33% and program service revenue 53% of the total. Other salaries and wages came to $1.5m. At year end it held assets of $33.5m against liabilities of $572k, net assets of $32.9m.