St Davids Foundation

Analysis

St Davids Foundation is a registered charity in United States, based in Austin, TX. It received its IRS tax-exemption ruling in January 1964, 62 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 December 2023, St Davids Foundation reported income of $187.7m and spending of $97.1m, leaving 48% of income unspent that year. Across the 6 years on record, from December 2018 to December 2023, income grew from $136.0m to $187.7m (+38%), an average of +6.7% a year. The sharpest change came in the year to December 2021, when income rose by 30%. Over the whole period it spent 55% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, St Davids Foundation 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 100th percentile within TX. Charities of a similar size with the same main cause include Beacon Medical Group Inc ($187.6m), Good Shepherd Health Care System ($188.2m) and Covenant Medical Group ($187.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.8% and program service revenue 96% of the total. Compensation of current officers, directors and key employees was $2.6m (2.7% of expenses). Other salaries and wages came to $7.8m. At year end it held assets of $1.75bn against liabilities of $43.5m, net assets of $1.70bn. It reported 102 employees.