Saint Joseph Hospital

Analysis

Saint Joseph Hospital is a registered charity in United States, based in Denver, CO. It received its IRS tax-exemption ruling in March 1946, 80 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, Saint Joseph Hospital reported income of $617.0m and spending of $666.6m, spending 108% of what it took in. Across the 5 years on record, from December 2019 to December 2023, income grew from $614.8m to $617.0m (+0.3%), an average of +0.1% a year. Over the whole period it spent 98% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, Saint Joseph Hospital sits at the 99th percentile: it is larger than about 99% of them. Against every charity in United States with reported income it ranks in the 100th percentile, and in the 100th percentile within CO. Charities of a similar size with the same main cause include SVMC Holdings Inc ($616.3m), Community Memorial Health System ($620.1m) and Christus Good Shepherd Medical Center ($616.1m).

On its Form 990 for the period ending December 2023, revenue came from contributions and grants 1.2% and program service revenue 97% of the total. Compensation of current officers, directors and key employees was $5.7m (0.9% of expenses). Other salaries and wages came to $201.4m. At year end it held assets of $1.04bn against liabilities of $222.7m, net assets of $821.1m.