St Vincent Health Wellness and Preventive Care Institute Inc

Analysis

St Vincent Health Wellness and Preventive Care Institute Inc is a registered charity in United States, based in Saint Louis, MO. It received its IRS tax-exemption ruling in March 2015, 11 years ago. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, St Vincent Health Wellness and Preventive Care Institute Inc reported income of $26.7m and spending of $28.0m, spending 105% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $9.3m to $26.7m (+186%), an average of +30% a year. The sharpest change came in the year to June 2020, when income rose by 69%. Over the whole period it spent 111% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, St Vincent Health Wellness and Preventive Care Institute Inc sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 98th percentile, and in the 97th percentile within MO. Charities of a similar size with the same main cause include Barnesville Hospital Association Inc ($26.7m), Southern Indian Health Council ($26.7m) and Near North Health Service Corporation ($26.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 1.1% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $936k (3.3% of expenses). Other salaries and wages came to $13.8m. At year end it held assets of $19.0m against liabilities of $8.8m, net assets of $10.2m. It reported 226 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.