St Clair Health Corporation

Analysis

St Clair Health Corporation is a registered charity in United States, based in Pittsburgh, PA. It received its IRS tax-exemption ruling in April 2011, 15 years ago. The IRS classifies it as a supporting organisation (type ii) under section 501(c)(3).

In the financial year ending June 2023, St Clair Health Corporation reported income of $456.4m and spending of $457.3m, spending 100% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $374.6m to $456.4m (+22%), an average of +5.1% a year. Over the whole period it spent 94% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, St Clair Health Corporation 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 PA. Charities of a similar size with the same main cause include Jewish Agency for Israel ($455.3m), Worcester Polytechnic Institute ($462.7m) and Tri-Counties Association for the Developmentally Disabled Inc ($452.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 1.8% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $10.7m (2.3% of expenses). Other salaries and wages came to $143.5m. At year end it held assets of $768.5m against liabilities of $254.5m, net assets of $514.0m. It reported 2,792 employees.