St Benedict Health Center

Analysis

St Benedict Health Center is a registered charity in United States, based in Parkston, SD. It received its IRS tax-exemption ruling in March 1946, 80 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. 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 Benedict Health Center reported income of $30.2m and spending of $23.6m, leaving 22% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $27.9m to $30.2m (+8.0%), an average of +1.9% a year. Over the whole period it spent 79% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, St Benedict Health Center sits at the 91st percentile: it is larger than about 91% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 98th percentile within SD. Charities of a similar size with the same main cause include Easter Seals Serving Dc-Md-Va Inc ($30.2m), Betty Jean Kerr Peoples Health Centers Inc ($30.2m) and Manhattan Retirement Foundation Inc ($30.1m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 2.7% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $660k (2.8% of expenses). Other salaries and wages came to $10.5m. At year end it held assets of $77.5m against liabilities of $1.6m, net assets of $75.9m. It reported 213 employees.