St Josephs Hospital and Health Center

Analysis

St Josephs Hospital and Health 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. 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 and Health Center reported income of $71.8m and spending of $70.6m, spending 98% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $61.2m to $71.8m (+17%), an average of +4.1% a year. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, St Josephs Hospital and Health Center sits at the 99th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 98th percentile within AZ. Charities of a similar size with the same main cause include Wu Yee Childrens Services ($71.8m), Advertising Council Inc ($71.8m) and L a Family Housing Corporation ($71.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.5% and program service revenue 98% of the total. Other salaries and wages came to $21.5m. At year end it held assets of $172.7m against liabilities of $173.6m, net assets of -$958k. It reported 385 employees.