Roper St Francis Healthcare

Analysis

Roper St Francis Healthcare is a registered charity in United States, based in Ladson, SC. It received its IRS tax-exemption ruling in October 1998, 28 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 December 2023, Roper St Francis Healthcare reported income of $191.2m and spending of $244.1m, spending 128% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $125.5m to $191.2m (+52%), an average of +11% a year. The sharpest change came in the year to December 2021, when income rose by 50%. Over the whole period it spent 120% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Roper St Francis Healthcare sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 100th percentile within SC. Charities of a similar size with the same main cause include Verde Valley Medical Center ($191.1m), St Joseph Health System ($191.3m) and Grand Lake Mental Health Center Inc ($190.9m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.1% and program service revenue 93% of the total. Compensation of current officers, directors and key employees was $5.9m (2.4% of expenses). Other salaries and wages came to $47.3m. At year end it held assets of $1.27bn against liabilities of $671.8m, net assets of $602.8m. It reported 7,902 employees.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.