Chi St Vincent Hospital Hot Springs

Analysis

Chi St Vincent Hospital Hot Springs is a registered charity in United States, based in Phoenix, AZ. It received its IRS tax-exemption ruling in December 2019, 7 years ago. 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, Chi St Vincent Hospital Hot Springs reported income of $254.8m and spending of $248.1m, spending 97% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $209.4m to $254.8m (+22%), an average of +5.0% a year. The sharpest change came in the year to June 2021, when income rose by 16%. Over the whole period it spent 91% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Chi St Vincent Hospital Hot Springs 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 99th percentile within AZ. Charities of a similar size with the same main cause include Mymichigan Medical Center Alpena ($254.7m), Thedacare Regional Medical Center - Neenah Inc ($255.0m) and Anderson Regional Medical Center ($254.4m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 1.2% and program service revenue 95% of the total. Compensation of current officers, directors and key employees was $319k (0.1% of expenses). Other salaries and wages came to $88.2m. At year end it held assets of $303.6m against liabilities of $50.1m, net assets of $253.5m. It reported 1,693 employees.