Seton Medical Management

Analysis

Seton Medical Management 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. 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, Seton Medical Management reported income of $9.0m and spending of $9.9m, spending 109% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $6.6m to $9.0m (+36%), an average of +8.0% a year. The sharpest change came in the year to June 2020, when income rose by 25%. Over the whole period it spent 109% of the income it received.

Among 72,936 United States charities whose main cause is other charitable purposes and that reported income, Seton Medical Management sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 95th percentile, and in the 93rd percentile within MO. Charities of a similar size with the same main cause include Fort Greene Council Inc ($9.0m), Community Memorial Hospital & Nursing Home ($9.0m) and California Housing Partnership ($9.0m).

On its Form 990 for the period ending June 2023, revenue came from program service revenue 100% of the total. Compensation of current officers, directors and key employees was $521k (5.3% of expenses). Other salaries and wages came to $2.8m. At year end it held assets of $3.3m against liabilities of $1.7m, net assets of $1.6m. It reported 75 employees.