St Agnes Healthcare Inc

Analysis

St Agnes Healthcare 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. 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, St Agnes Healthcare Inc reported income of $559.0m and spending of $531.1m, spending 95% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $440.6m to $559.0m (+27%), an average of +6.1% a year. Over the whole period it spent 96% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, St Agnes Healthcare Inc sits at the 99th percentile: it is larger than about 98% of them. 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 St Lukes Hospital of Duluth ($556.8m), Baycare Medical Group Inc ($559.9m) and William W Backus Hospital ($556.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.8% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $2.9m (0.5% of expenses). Other salaries and wages came to $211.4m. At year end it held assets of $409.5m against liabilities of $200.5m, net assets of $209.0m. It reported 3,200 employees.