Madison St Joseph Health Center
Analysis
Madison St Joseph Health Center 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, Madison St Joseph Health Center reported income of $15.2m and spending of $13.4m, spending 88% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $12.8m to $15.2m (+19%), an average of +4.5% a year. Over the whole period it spent 90% of the income it received.
Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Madison St Joseph Health Center sits at the 87th percentile: it is larger than about 87% of them. Against every charity in United States with reported income it ranks in the 96th percentile, and in the 96th percentile within AZ. Charities of a similar size with the same main cause include Family Health Network of Central New York Inc ($15.2m), Cornerstone Ministries Inc ($15.2m) and Cabarrus Rowan Community Health Centers Inc ($15.2m).
On its Form 990 for the period ending June 2023, revenue came from contributions and grants 2.3% and program service revenue 94% of the total. Other salaries and wages came to $5.4m. At year end it held assets of $18.9m against liabilities of $1.8m, net assets of $17.1m. It reported 168 employees.
Income and spending
Where the income comes from
- Contributions & grants 2.3%
- Program services 94%
- Other 3.3%
Similar-sized charities, same cause
| Charity | Location | Income |
|---|---|---|
| Family Health Network of Central New York Inc | Homer | $15.2m |
| Cornerstone Ministries Inc | McKinney | $15.2m |
| Cabarrus Rowan Community Health Centers Inc | Concord | $15.2m |
| Family of Woodstock Inc | Kingston | $15.2m |