Saint Francis Medical Center

Analysis

Saint Francis Medical Center is a registered charity in United States, based in Phoenix, AZ. 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, Saint Francis Medical Center reported income of $135.1m and spending of $145.2m, spending 107% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $221.2m to $135.1m (-39%), an average of -12% a year. The sharpest change came in the year to June 2022, when income dropped by 20%. Over the whole period it spent 86% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Saint Francis Medical Center sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within AZ. Charities of a similar size with the same main cause include Butler Hospital ($135.1m), Armstrong County Memorial Hospital ($135.2m) and Northwest Community Healthcare ($134.9m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 3.7% and program service revenue 87% of the total. Other salaries and wages came to $38.7m. At year end it held assets of $723.9m against liabilities of $36.5m, net assets of $687.5m. It reported 820 employees.