Saint Francis Medical Center Foundation

Analysis

Saint Francis Medical Center Foundation is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in June 1983, 43 years ago. The IRS classifies it as a publicly supported organisation (donations from the general public) 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 Foundation reported income of $817k and spending of $645k, leaving 21% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $805k to $817k (+1.5%), an average of +0.4% a year. The sharpest change came in the year to June 2021, when income rose by 99%. Over the whole period it spent 96% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Saint Francis Medical Center Foundation sits at the 75th percentile: it is larger than about 75% of them. Against every charity in United States with reported income it ranks in the 77th percentile, and in the 74th percentile within AZ. Charities of a similar size with the same main cause include Access Independence Inc ($816k), St Louis Christian Medical Center Inc ($817k) and International Association for Great Lakes Research-Michigan ($816k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 41% of the total. At year end it held assets of $20.6m against liabilities of $519k, net assets of $20.1m.