St Vincents Health System Inc

Analysis

St Vincents Health System 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. Its declared purposes cover health care, which this site groups under health and saving lives. The IRS classifies it as a supporting organisation under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, St Vincents Health System Inc reported income of $117.9m and spending of $136.9m, spending 116% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $101.9m to $117.9m (+16%), an average of +3.7% a year. Over the whole period it spent 108% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, St Vincents Health System Inc sits at the 96th percentile: it is larger than about 96% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 99th percentile within MO. Charities of a similar size with the same main cause include Marcus Daly Memorial Hospital Corporation ($117.8m), Northwest Medical Foundation of Tillamook ($117.9m) and Center for Disability Services Inc ($117.3m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.3% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $1.3m (1.0% of expenses). Other salaries and wages came to $41.6m. At year end it held assets of $243.7m against liabilities of $37.6m, net assets of $206.0m. It reported 844 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.