Alexian Brothers Specialty Group

Analysis

Alexian Brothers Specialty Group is a registered charity in United States, based in Saint Louis, MO. It received its IRS tax-exemption ruling in June 2012, 14 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, Alexian Brothers Specialty Group reported income of $59.1m and spending of $163.2m, spending 276% of what it took in. Across the 5 years on record, from June 2019 to June 2023, income grew from $35.4m to $59.1m (+67%), an average of +14% a year. The sharpest change came in the year to June 2021, when income rose by 31%. Over the whole period it spent 216% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Alexian Brothers Specialty Group sits at the 94th percentile: it is larger than about 94% of them. Against every charity in United States with reported income it ranks in the 99th percentile, and in the 98th percentile within MO. Charities of a similar size with the same main cause include Massena Hospital Inc ($59.0m), John Muir Behavioral Health ($59.1m) and Childrens Hospital Pittsburgh Foundation ($59.0m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 0.0% and program service revenue 100% of the total. At year end it held assets of $18.5m against liabilities of $32.2m, net assets of -$13.7m.

Data notes from the register: Spending has exceeded income in each of the last three reported years, so the charity has been drawing on reserves or other funds.