St Claire Medical Center Inc

Analysis

St Claire Medical Center Inc is a registered charity in United States, based in Morehead, KY. It received its IRS tax-exemption ruling in February 2025. 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 June 2023, St Claire Medical Center Inc reported income of $210.7m and spending of $221.5m, spending 105% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $151.1m to $210.7m (+39%), an average of +8.7% a year. The sharpest change came in the year to June 2021, when income rose by 21%. Over the whole period it spent 98% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, St Claire Medical Center Inc sits at the 97th percentile: it is larger than about 97% of them. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 100th percentile within KY. Charities of a similar size with the same main cause include Central Texas Community Health Centers ($210.4m), Monument Health Network Inc ($210.7m) and York Hospital ($210.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 1.3% and program service revenue 99% of the total. Compensation of current officers, directors and key employees was $3.9m (1.7% of expenses). Other salaries and wages came to $98.3m. At year end it held assets of $160.4m against liabilities of $82.2m, net assets of $78.2m. It reported 1,707 employees.