St Joseph Hospital Foundation Inc

Analysis

St Joseph Hospital Foundation Inc is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in October 1989, 37 years ago. Its declared purposes cover education, which this site groups under education and training. 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 Joseph Hospital Foundation Inc reported income of $2.2m and spending of $1.7m, leaving 24% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $1.0m to $2.2m (+111%), an average of +20% a year. The sharpest change came in the year to June 2020, when income rose by 61%. Over the whole period it spent 95% of the income it received.

Among 66,972 United States charities whose main cause is education and training and that reported income, St Joseph Hospital Foundation Inc sits at the 83rd percentile: it is larger than about 83% of them. Against every charity in United States with reported income it ranks in the 87th percentile, and in the 84th percentile within AZ. Charities of a similar size with the same main cause include Eller Executive Education ($2.2m), Hampton Library in Bridgehampton Inc ($2.2m) and Northwest Iowa Christian School ($2.2m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 99% of the total. At year end it held assets of $8.1m against liabilities of $216k, net assets of $7.9m.