Ssm-Sluh Inc

Analysis

Ssm-Sluh Inc is a registered charity in United States, based in Saint Louis, MO. It received its IRS tax-exemption ruling in March 1946, 80 years ago. 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 December 2023, Ssm-Sluh Inc reported income of $855.9m and spending of $887.8m, spending 104% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $598.2m to $855.9m (+43%), an average of +9.4% a year. The sharpest change came in the year to December 2021, when income rose by 17%. Over the whole period it spent 102% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Ssm-Sluh Inc sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 100th percentile within MO. Charities of a similar size with the same main cause include University of Manitoba ($851.7m), Public Health Foundation Inc ($876.0m) and St Francis Hospital Inc ($846.5m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.0% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $2.0m (0.2% of expenses). Other salaries and wages came to $163.4m. At year end it held assets of $724.3m against liabilities of $728.7m, net assets of -$4.4m. It reported 2,962 employees.