St Francis Hospital Inc

Analysis

St Francis Hospital Inc is a registered charity in United States, based in Greenville, SC. It received its IRS tax-exemption ruling in March 1946, 80 years ago. The IRS classifies it as a church under section 501(c)(3).

In the financial year ending December 2023, St Francis Hospital Inc reported income of $846.5m and spending of $810.2m, spending 96% of its income. Across the 6 years on record, from August 2019 to December 2023, income grew from $653.0m to $846.5m (+30%), an average of +5.3% a year. The sharpest change came in the year to December 2020, when income rose by 183%. Over the whole period it spent 92% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, St Francis Hospital 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 SC. Charities of a similar size with the same main cause include National Trust for Places of Historic Interest or Natural Beaut ($839.4m), University of Manitoba ($851.7m) and North Los Angeles County Regional Center Inc ($811.6m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.1% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $1.3m (0.2% of expenses). Other salaries and wages came to $175.8m. At year end it held assets of $667.8m against liabilities of $373.1m, net assets of $294.7m. It reported 2,720 employees.