Alabama Providence Healthcare Services

Analysis

Alabama Providence Healthcare Services is a registered charity in United States, based in Saint Louis, MO. It received its IRS tax-exemption ruling in July 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, Alabama Providence Healthcare Services reported income of $46.1m and spending of $63.6m, spending 138% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $33.6m to $46.1m (+37%), an average of +8.2% a year. The sharpest change came in the year to June 2023, when income rose by 20%. Over the whole period it spent 149% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Alabama Providence Healthcare Services sits at the 93rd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 98th percentile within MO. Charities of a similar size with the same main cause include My Community Dental Centers Inc ($46.1m), Greater Family Health ($46.1m) and Missouri Slope Lutheran Care Center ($45.9m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. Other salaries and wages came to $36.7m. At year end it held assets of $8.1m against liabilities of $9.6m, net assets of -$1.5m. It reported 255 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.