St Bernards Hospital Development Foundation

Analysis

St Bernards Hospital Development Foundation is a registered charity in United States, based in Jonesboro, AR. It received its IRS tax-exemption ruling in September 1982, 44 years ago. The IRS classifies it as a governmental unit under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending September 2023, St Bernards Hospital Development Foundation reported income of $3.9m and spending of $2.8m, leaving 29% of income unspent that year. Across the 5 years on record, from September 2019 to September 2023, income fell from $4.2m to $3.9m (-6.3%), an average of -1.6% a year. The sharpest change came in the year to September 2023, when income rose by 118%. 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 Bernards Hospital Development Foundation sits at the 90th percentile: it is larger than about 90% of them. Against every charity in United States with reported income it ranks in the 91st percentile, and in the 91st percentile within AR. Charities of a similar size with the same main cause include University of Missouri Law School Foundation ($3.9m), Anew Building Beyond Violence & Abuse ($3.9m) and New Kensington Community Development Corp ($3.9m).

On its Form 990 for the period ending September 2023, revenue came from contributions and grants 101% of the total. Other salaries and wages came to $339k. At year end it held assets of $5.9m against liabilities of $154k, net assets of $5.8m.