St Francis Medical Center Foundation Inc

Analysis

St Francis Medical Center Foundation Inc is a registered charity in United States, based in Baton Rouge, LA. It received its IRS tax-exemption ruling in March 1946, 80 years ago. The IRS classifies it as a supporting organisation (type i) 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 Foundation Inc reported income of $485k and spending of $179k, leaving 63% of income unspent that year. Across the 4 years on record, from June 2020 to June 2023, income grew from $269k to $485k (+80%), an average of +22% a year. The sharpest change came in the year to June 2021, when income rose by 117%. Over the whole period it spent 103% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, St Francis Medical Center Foundation Inc sits at the 68th percentile: it is larger than about 68% of them. Against every charity in United States with reported income it ranks in the 70th percentile, and in the 69th percentile within LA. Charities of a similar size with the same main cause include Positive Outlook Housing Corp ($485k), CSP Village Apartments ($485k) and Total Ministries of Spartanburg County ($485k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 71% of the total. At year end it held assets of $1.6m against liabilities of $189k, net assets of $1.4m.