St Joseph Health Northern California LLC

Analysis

St Joseph Health Northern California LLC is a registered charity in United States, based in Irvine, CA. It received its IRS tax-exemption ruling in August 2017, 9 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 Joseph Health Northern California LLC reported income of $1.50bn and spending of $1.53bn, spending 102% of its income. Across the 5 years on record, from December 2019 to December 2023, income grew from $1.27bn to $1.50bn (+19%), an average of +4.4% a year. The sharpest change came in the year to December 2023, when income rose by 17%. Over the whole period it spent 103% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, St Joseph Health Northern California LLC sits at the 100th percentile: it is one of the largest 1% in its cause. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 100th percentile within CA. Charities of a similar size with the same main cause include Sacred Heart Health System Inc ($1.50bn), Saint Francis Hospital Inc ($1.51bn) and Dignity Health Medical Foundation ($1.50bn).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 0.9% and program service revenue 97% of the total. Other salaries and wages came to $479.4m. At year end it held assets of $1.39bn against liabilities of $665.2m, net assets of $728.0m. It reported 5,406 employees.

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.