Saint Elizabeth Regional Medical Center

Analysis

Saint Elizabeth Regional 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 Elizabeth Regional Medical Center reported income of $174.8m and spending of $186.0m, spending 106% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $191.1m to $174.8m (-8.5%), an average of -2.2% a year. Over the whole period it spent 99% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Saint Elizabeth Regional Medical Center sits at the 97th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 99th percentile within AZ. Charities of a similar size with the same main cause include Montrose Memorial Hospital ($174.8m), Brooks Rehabilitation Hospital ($175.0m) and American Society of Clinical Oncology ($174.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 1.2% and program service revenue 94% of the total. Other salaries and wages came to $49.6m. At year end it held assets of $463.4m against liabilities of $17.7m, net assets of $445.8m. It reported 1,279 employees.