Saint Thomas Network

Analysis

Saint Thomas Network 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 publicly supported organisation (gross receipts test) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, Saint Thomas Network reported income of $5.6m and spending of $1.3m, leaving 77% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income fell from $19.1m to $5.6m (-70%), an average of -26% a year. The sharpest change came in the year to June 2020, when income dropped by 71%. Over the whole period it spent 57% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Saint Thomas Network sits at the 80th percentile: it is larger than about 80% of them. Against every charity in United States with reported income it ranks in the 93rd percentile, and in the 91st percentile within MO. Charities of a similar size with the same main cause include Florence County Commission on Alcohol and Drug Abuse ($5.6m), Uw Health Aco Inc ($5.6m) and Suburban Hospital Foundation Inc ($5.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.0% and program service revenue 102% of the total. Other salaries and wages came to $125k. At year end it held assets of $55.2m against liabilities of $2.3m, net assets of $52.9m. It reported 69 employees.