St Marys Hospital Foundation

Analysis

St Marys Hospital Foundation is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in November 1987, 39 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, St Marys Hospital Foundation reported income of $160k and spending of $470k, spending 294% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $636k to $160k (-75%), an average of -29% a year. The sharpest change came in the year to June 2021, when income dropped by 60%. Over the whole period it spent 166% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, St Marys Hospital Foundation sits at the 48th percentile: it is larger than about 48% of them. Against every charity in United States with reported income it ranks in the 49th percentile, and in the 46th percentile within AZ. Charities of a similar size with the same main cause include South Jefferson Community Action Corporation ($160k), Demolay International ($160k) and Time on the Water ($160k).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 100% of the total. At year end it held assets of $959k against liabilities of $34k, net assets of $924k.