St Josephs Hospital Inc

Analysis

St Josephs Hospital Inc is a registered charity in United States, based in Clearwater, FL. It received its IRS tax-exemption ruling in March 1997, 29 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, St Josephs Hospital Inc reported income of $1.75bn and spending of $1.50bn, spending 86% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.37bn to $1.75bn (+27%), an average of +6.2% a year. Over the whole period it spent 86% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, St Josephs 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 FL. Charities of a similar size with the same main cause include Geisinger Clinic ($1.75bn), Fallon Community Health Plan Inc ($1.75bn) and Carilion Medical Center ($1.74bn).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.6% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $323k (0.0% of expenses). Other salaries and wages came to $533.3m. At year end it held assets of $3.02bn against liabilities of $92.9m, net assets of $2.92bn. It reported 8,722 employees.