St Vincent Hospital

Analysis

St Vincent Hospital is a registered charity in United States, based in Santa Fe, NM. It received its IRS tax-exemption ruling in January 1971, 55 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, St Vincent Hospital reported income of $569.8m and spending of $554.0m, spending 97% of its income. Across the 5 years on record, from June 2019 to June 2023, income grew from $490.0m to $569.8m (+16%), an average of +3.8% a year. The sharpest change came in the year to June 2022, when income rose by 18%. Over the whole period it spent 94% of the income it received.

Among 40,470 United States charities whose main cause is health and saving lives and that reported income, St Vincent 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 NM. Charities of a similar size with the same main cause include Sarah Bush Lincoln Health Center ($568.2m), St Josephs Hospital Health Center ($569.8m) and Genesis Health System ($566.6m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 1.3% and program service revenue 92% of the total. Other salaries and wages came to $228.8m. At year end it held assets of $756.9m against liabilities of $74.7m, net assets of $682.2m. It reported 2,840 employees.