St Peters Health Partners

Analysis

St Peters Health Partners is a registered charity in United States, based in Albany, NY. It received its IRS tax-exemption ruling in February 2013, 13 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, St Peters Health Partners reported income of $181.1m and spending of $180.6m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $157.8m to $181.1m (+15%), an average of +3.5% a year. Over the whole period it spent 99% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, St Peters Health Partners sits at the 97th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 99th percentile within NY. Charities of a similar size with the same main cause include Cullman Regional Medical Center Inc ($180.5m), Coffee Regional Medical Center Inc ($181.1m) and Park Nicollet Health Services ($180.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.6% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $4.3m (2.4% of expenses). Other salaries and wages came to $29.1m. At year end it held assets of $169.4m against liabilities of $38.5m, net assets of $130.9m. It reported 438 employees.