St Peters Health

Analysis

St Peters Health is a registered charity in United States, based in Helena, MT. It received its IRS tax-exemption ruling in March 1937, 89 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 May 2023, St Peters Health reported income of $321.1m and spending of $322.5m, spending 100% of its income. Across the 4 years on record, from May 2020 to May 2023, income grew from $255.7m to $321.1m (+26%), an average of +7.9% a year. The sharpest change came in the year to May 2021, when income rose by 21%. Over the whole period it spent 97% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, St Peters Health sits at the 98th percentile: it is larger than about 98% of them. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 100th percentile within MT. Charities of a similar size with the same main cause include Shepherd Center Inc ($320.4m), Olathe Medical Center Inc ($321.3m) and Ascension Providence ($320.1m).

On its Form 990 for the period ending May 2023, revenue came from contributions and grants 1.0% and program service revenue 93% of the total. Compensation of current officers, directors and key employees was $4.5m (1.4% of expenses). Other salaries and wages came to $141.6m. At year end it held assets of $422.1m against liabilities of $83.2m, net assets of $338.9m. It reported 2,223 employees.