St Vincents Medical Center Inc

Analysis

St Vincents Medical Center 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 June 2023, St Vincents Medical Center Inc reported income of $479.2m and spending of $471.1m, spending 98% of its income. Across the 5 years on record, from June 2019 to June 2023, income fell from $487.2m to $479.2m (-1.6%), an average of -0.4% a year. Over the whole period it spent 98% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, St Vincents Medical Center 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 Electric Power Research Institute Inc ($478.7m), Faculty Practice Foundation Inc ($497.7m) and Bar Ilan University in Israel ($478.5m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.1% and program service revenue 94% of the total. Compensation of current officers, directors and key employees was $546k (0.1% of expenses). Other salaries and wages came to $126.0m. At year end it held assets of $309.5m against liabilities of $326.3m, net assets of -$16.9m. It reported 2,928 employees.