Saint Thomas Health Foundations

Analysis

Saint Thomas Health Foundations 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 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 Thomas Health Foundations reported income of $5.3m and spending of $5.9m, spending 111% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income fell from $7.2m to $5.3m (-26%), an average of -7.3% a year. The sharpest change came in the year to June 2021, when income rose by 87%. Over the whole period it spent 56% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Saint Thomas Health Foundations sits at the 92nd percentile: it is larger than about 92% of them. Against every charity in United States with reported income it ranks in the 92nd percentile, and in the 91st percentile within MO. Charities of a similar size with the same main cause include Orme School ($5.3m), Mead School for Human Development Inc ($5.3m) and Pathlights Human Services ($5.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $85.9m against liabilities of $620k, net assets of $85.3m.